The Government's relief package for business will come as immediate relief to tourism operators facing a devastating downturn but could go further, Tourism Industry Aotearoa says.
"It's a substantial package that demonstrates the scale of the challenge facing New
Zealand. Some jobs will be saved but we believe that many will still be lost," TIA chief executive Chris Roberts said.
"We are pleased the Government has responded to our call for the funding to be
accessible, available to businesses in every region and with no delays. The Government has indicated that payments may be possible within five days and we commend that speed of response."
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TIA expects hundreds of tourism businesses to apply for the wage subsidy. The wage subsidies will be available for businesses that can show a 30 per cent plunge in revenue for any month between January and June this compared with the year before (including projected revenue).