02 May 2020 – Government to provide interest free loans to small businesses

Type of Intervention: Financial and Economic, New Tool / Service / Body
Sectors Involved: Finance/Economy, Private Sector and Businesses
Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National
Lead People/Agency: Ministry of Finance / Ministry of Revenue

Overview: Government launches new loans scheme for small business
Full details here: https://www.beehive.govt.nz/release/government-boosts-cashflow-support-small-businesses

Other links: 1
Type of Justification: Anecdotal Evidence (e.g. social or traditional media with limited evidence base)
Source of Evidence or Justification: National – government
Evidence/Justification: It has become clear that the support that is available to our small and medium businesses from banks is not meeting their needs nor our expectations as a Government