Finance Minister details Covid-19 business boost
The government has rushed through legislation that would see businesses get a cash injection in some lockdown situations. Under the scheme announced in December businesses that can prove a 30 percent drop in revenue over a week due to a Covid lockdown can qualify for a wage subsidy of up to $400 per full time worker. That's to a maximum of 50 full timers and the business would also get a one off $1,500 payments. The kicker is lockdown at alert level 2 or higher has to run for at least seven days before the Covid-19 resurgence scheme fires up. Deputy PM, Finance Minister and Sport Minister Grant Robertson discusses the details with Lisa Owen.