COVID-19 Update for Businesses

Thank you to everyone in the Waikato for the sacrifices you have made over the last six weeks. We appreciate it has been a very difficult time for many local businesses who have been unable to trade under the Government's lockdown restrictions. We understand this will have placed tremendous stress on many of you and thank you once again for your efforts.

 

We are here to support as the country moves towards increased trade among businesses and communities.

If you would like support from my office, please email david.bennett@parliament.govt.nz or call 021 988 277.

  1. Economic Outlook
    Financial Outlook for the Future

    ANZ Bank has recently released its Economic Outlook for April 2020. This report includes predictions for global economic trends as well as ANZ’s outlook for New Zealand’s rebuild and recovery in the wake of Covid-19. Read ANZ’s report here.

    New Zealand needs to get cash flowing to the thousands of small businesses that were forced to close in the national interest, and left shouldering a disproportionate amount of the economic burden. National has proposed measures reduce the damage and to save jobs. Read more.

     

  2. Navigating the New Environment
    The global and national impacts of the Covid-19 pandemic have turned business on its head and the effects will continue to be felt in the months to come. PwC has released a report about how businesses can help themselves to succeed in these uncertain times, which can be found here.

  3. Available Business Support
    A range of local and national business support services have been established in response to the pandemic. These include a free national helpline service which offers specific advice on what Alert Level 3 means for your business, connections to business advisory services and access to Government-funded business support. To find out more call 0800 500 362.

    Specific Waikato Business Support is also available by phone 07 929 4673 - WBZ HOPE or visit here to register for a call back.

    Commercial Rent Relief Options
    The Government is considering rent concessions to ease the burden from Covid-19 on small businesses, but has ruled out rent subsidies or freezes. Further information is here.

    Workplace guidance for employers and employees on COVID-19 can be found here and wage subsidy scheme guidelines here. Useful guidance on navigating COVID-19 as a business owner can be found here. Advice, general information and guidance for landlords and tenants has been provided by Tenancy Services here.

  4. Transforming your Business
    See this Spinoff NZ article to see how some Kiwi businesses are innovating in this new environment.

  5. Regional Initiatives
    Hamilton City Council and Regional District Council Services and Support.
    Hamilton City Council  has established a 12-point recovery plan, which can be found here.

    Great to see that  Te Waka is pushing for that investment to be focussed on seven key infrastructure projects across the Waikato region. Read more.

    Waikato Regional Council is making positive contributions, offering  initiatives with a focus on agriculture and primary industry. Further information is here.

  6. Immigration and Employment
    Immigration New Zealand has also relaxed the visa conditions of those working in essential services to allow migrant workers and international students to continue working throughout our response to Covid-19. This may mean employees are able to be deployed within your workplace or make a change to your usual hours of work. See further detail here.

  7. Specialist Advice
    Tompkins Wake, has produced a series of excellent articles providing advice to businesses and individuals in the wake of COVID-19.

How can we help? We are happy to provide assistance, guidance and/or support as you navigate the new COVID-19 landscape. Please don't hesitate to contact me on david.bennett@parliament.govt.nz or 021 988 277 and we will endeavor to assist where we can.

Kind regards

David Bennett
MP for Hamilton East