The so-called targeted support payments to businesses struggling in the COVID-19 Red Traffic Light has been described as a con by hospitality members of the Dairy and Business Owners Group.<\/p>\n\n\n\n
\u201cAfter reading the fineprint, does the government take us for fools?\u201d asked Sunny Kaushal, Chair of the Dairy and Business Group who also has interests in hospitality.<\/p>\n\n\n\n
\u201cWith Small Business Cashflow Loans coming due for many in the industry, what Labour cynically lent us with one hand, they\u2019ll take right back with the other in loan repayments. It\u2019s blood from a stone as few will qualify for targeted support payments.<\/p>\n\n\n\n
“After all, it’s their policies that have kneecapped us. This new scheme is truly cynical because they chose our slowest trading period being the six-weeks before February 15. It should have been last August before we went to Covid hell in a handbasket. <\/p>\n\n\n\n
\u201cOn top of choosing what turned out to be the worst six weeks hospitality has seen, after a lockdown that lasted in Auckland far too long, they\u2019ve set a 40% revenue drop on top. That’s the business equivalent of an ankle-tap when we are already on our knees.<\/p>\n\n\n\n
\u201cSo how many businesses will qualify? Sweet Fanny Adams that\u2019s how many. Auckland was a ghost town prior to Waitangi weekend and it still is, unless you count crime. That\u2019s about the only thing booming right now.<\/p>\n\n\n\n
\u201cIt\u2019s like Labour\u2019s minimum wage hike, that\u2019s really a business tax increase in sheep\u2019s clothing. Not only does business get walloped but those on the minimum wage go into a higher tax bracket and pay more in ACC let alone Kiwisaver. The House wins, again.<\/p>\n\n\n\n
\u201cIf the government really wants to help us, they need to drop their echo chamber, get out of the Beehive and start listening to us at the coal face as all we want is the ability to trade reliably, something we haven\u2019t done for years. Here are some ideas:<\/p>\n\n\n\n
The so-called targeted support payments to businesses struggling in the COVID-19 Red Traffic Light has been described as a con by hospitality members of the Dairy and Business Owners Group. \u201cAfter reading the fineprint, does the government take us for fools?\u201d asked Sunny Kaushal, Chair of the Dairy and Business Group who also has interests in […]<\/p>\n","protected":false},"author":1,"featured_media":43732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[62,53,54],"tags":[],"class_list":["post-43731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home-page-news","category-local-news","category-newzealand"],"yoast_head":"\n