Andrew Dickens Afternoons

Andrew Dickens: Both sides of Parliament need to find answers for small businesses

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Sinopse

So the pressure cooker that our businesses have been in due to our response to Covid 19 yesterday exploded.It was the turn of small business to appear before the Pandemic Response committee and it was a heartbreaking litany of broken hopes and dreams from the sector that employs a quarter of all New Zealanders.Amongst all of them, there was a commonality.Ever since we closed our borders, which killed hospitality and accommodation, and then the lockdown, our small businesses have experienced a dramatic reduction in cashflow that will be fatal for many enterprises.The committee heard that while the government’s wage subsidy has helped them meet one of their liabilities, namely paying the people who do their work, there are many other costs that are sucking their reserves dry.They’ve got no money coming in but they still face debts around rates, insurance, rent, utilities, equipment leases, and all sorts of other business costs.They’re going to the wall and they want the government to do something about it.In th