23 Mar 2020

Business braced for mass layoffs

From Nine To Noon, 10:26 am on 23 March 2020

Business leaders say they're bracing for mass layoffs this week and hope Cabinet will today sign off on a further package of support. RNZ understands Cabinet is to consider more help for business including lifting the existing $150,000 (per business) cap on the wage subsidy. Kathryn talks with NZ Chambers of Commerce and Industry Chief Executive Michael Barnett, Kirk Hope, Business New Zealand Chief Executive and Chris Roberts, Chief Executive of Tourism Industry Aotearoa.