In today's episode, we discussed the 2020 Budget and what this means for New Zealand Business Owners. The budget is arguably the most significant in New Zealand history, and it gave us an idea on how the government sees us growing the economy, saving jobs and supporting business.
Joining me on the episode today to discuss the budget is Greg Hughes, Senior Business Partner based in Wellington, Anna Steele, Associate Business Partner based in Rotorua and Ernie Chan, Associate Business Partner and Tax Specialist from Nelson.
We cover off all the major announcements, go into some detail on what these mean for New Zealand Business Owners, look at what we feel might be missing and have a good discussion on the path forward for business owners. We also discuss the topic of business viability.
Within the podcast, we refer to many articles and interviews since the budget, and we have included links to these below.
Government announcement of the budget - https://www.beehive.govt.nz/feature/budget-2020-rebuilding-together
Mike Hosking's interview with Grant Robinson, discussing a potential extension of the wage subsidy scheme - https://www.iheart.com/podcast/211-the-mike-hosking-breakfast-24837692/episode/grant-robertson-on-budget-2020-government-62572806/
Details of the wage subsidy scheme extension - https://www.workandincome.govt.nz/covid-19/wage-subsidy-extension/index.html10