{"id":7430,"date":"2021-06-16T22:09:41","date_gmt":"2021-06-16T10:09:41","guid":{"rendered":"https:\/\/bizfitness.co.nz\/?p=7430"},"modified":"2021-07-17T23:22:24","modified_gmt":"2021-07-17T11:22:24","slug":"business-update-16-june-2021","status":"publish","type":"post","link":"https:\/\/bizfitness.co.nz\/business-update-16-june-2021\/","title":{"rendered":"Business Update \u2013 16 June 2021"},"content":{"rendered":"

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward.<\/p>\n

Four New Auckland Vaccination Centres to Open<\/h3>\n

Four new community vaccination centres<\/a> in Albany, T\u0101maki, Pukekohe, and Takanini will open by the end of June, increasing the total number of vaccination centres in Auckland to 12. This is to support the vaccine rollout to group 3, which includes people aged 65 and over, as well as other at-risk groups.<\/p>\n

More than 110,000 people 65 years old and above living in Auckland will receive an invitation via text or email to book their vaccination by 18 June (Friday). The remaining invitations to group 3 will be issued by mid-July.<\/p>\n

NZ-Victoria Travel Bubble Pause Extended<\/h3>\n

New Zealand\u2019s quarantine-free travel bubble with Victoria<\/a> was originally scheduled to resume on 10 June, but public health officials recommended extending the pause for another week. Although most of the cases in Melbourne are linked to overseas, there are at least three cases where a link has not been identified. This means community transmission in Victoria is possible.<\/p>\n

NZ\u2019s precautionary approach in continuing the travel bubble pause will be reviewed again this week.<\/p>\n

Stock Exchange for Smaller Companies<\/h3>\n

A new stock exchange for smaller companies<\/a> has been granted permission to launch.<\/p>\n

Catalist is the only licensed stock exchange in New Zealand designed for small- and medium-sized businesses with an initial value of $6 million to $60 million. It had been given a licence to open from 21 June, and is intended to fill the gap in the country\u2019s capital markets. They\u2019re aiming to get up to 200 companies in the first five years.<\/p>\n

This could be a stepping stone for SMEs, and Catalist said it will assist these businesses in transitioning to a more traditional stock exchange when they reach an appropriate size. Get in touch with us if you have any questions.<\/p>\n

Training Incentive Allowance to Support 16,000 Kiwis<\/h3>\n

The government is bringing back the Training Incentive Allowance<\/a> to support 16,000 New Zealanders to retrain and gain higher skills. An investment of $127 million will be given over four years from the COVID-19 Recovery and Response Fund to reinstate this program.<\/p>\n

Business Finance Guarantee Scheme<\/h3>\n

Business Finance Guarantee loans can help small and medium businesses access credit for cash flow, capital assets and projects related to, responding to, or recovering from the impacts of COVID-19.<\/p>\n

Applications for Business Finance Guarantee loans are open until 30 June 2021. If you need help or have any questions, don\u2019t hesitate to drop us a message.<\/p>\n

Free Online Digital Training and Support Tool<\/h3>\n

DigitalBoost.co.nz<\/a> is a free training and support service to help businesses develop their digital capabilities. This includes providing support on cybersecurity and fraud prevention.<\/p>\n

Get in touch with us if you need help with your business.<\/p>\n

Short-term Absence Payment<\/h3>\n

This is available for businesses, including self-employed people, to help pay employees who cannot work from home while they wait at home for a COVID-19 test result. This is a one-off payment of $350. You can find the details here<\/a>.<\/p>\n

Leave Support Scheme<\/h3>\n

The Leave Support Scheme is available for businesses, including self-employed people, to help pay their workers who can\u2019t work from home and meet certain health criteria, eg they have COVID-19 or are a \u2018close contact\u2019 who has been told to self-isolate for 14 days.<\/p>\n

The Leave Support Scheme is paid as a 2-week lump sum per eligible employee.<\/p>\n

The Leave Support Scheme is paid at a flat rate of:<\/p>\n