Budget wage subsidy extension relief for Fox Glacier Guiding

From Morning Report, 6:40 am on 15 May 2020

A Fox Glacier tourism business decimated by the closing of New Zealand's borders says the sector will be in strife if the wage subsidy doesn't continue until next summer.

Yesterday Grant Robertson announced the extension of the subsidy by eight weeks but increased the threshold for businesses to receive it.

Rob Jewell says the subsidy has allowed him to hang on to his 58 full-time staff at Fox Glacier Guiding, but 97 percent of his customers are from overseas.

He told RNZ reporter Jordan Bond the budget announcement took immediate weight off his shoulders knowing his staff's jobs are secure for longer.