The Government is providing a $5 million package of emergency support to help businesses significantly affected by the recent flooding in Auckland.
Of the money promised, $3 million will go towards flood recovery payments to help significantly affected businesses, $1 million towards mental well-being support through a boost to the First Steps programme and $1 million for small business advice focussed on business continuity and resilience. Inland Revenue will also waive penalties for late payments for Auckland, Northland, the Bay of Plenty, Thames/Coromandel and Waikato.
“The floods were devastating for many businesses in the Auckland region. The flooding was sudden and could not be reasonably prepared for so it is expected that it will take a long time for many businesses to recover and start operating again,” said Grant Robertson.
“We developed this package of support through discussions with Auckland business leaders so it reflects the needs they identified.
“The money will be delivered through the Auckland Business Chamber, the Employers and Manufacturers Association, Whāriki (Auckland’s Māori Business Network) and the Pacific Business Trust. We will consider further support if required.”