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MOVING FORWARD

THE WALSH & ASSOCIATES NEWSLETTER

“If you can’t fly then run, if you can’t
run then walk, if you can’t walk then
crawl, but whatever you do you have
to keep moving forward.”

February 22, 2023 | Latest News

Support for businesses hit by Cyclone Gabrielle

If your business has been impacted by Cyclone Gabrielle, you may be able to get support from your bank and/or the Government. Here are some of the packages available to businesses across New Zealand:

$2,500 cash support available from Westpac

Westpac’s small business customers can apply for a $2,500 cash grant from the Small Business Flood Relief Fund. This also applies to businesses hit by the earlier Auckland floods. Visit the Westpac website and apply now.

$2,000 cash support available from ASB

ASB’s business and personal customers can apply for a one-off $2,000 cash payment for support. You’ll need to supply some evidence of the impact that Cyclone Gabrielle, or the recent flooding, have had on your operations. You can find out more and apply at the ASB website.

Support packages from other banks

Other major banks – including ANZBNZ, and Kiwibank – are offering businesses temporary overdrafts, zero-fee loan restructuring, interest only periods on loans, payment deferrals and other support. Get in touch with your bank to see what’s on offer.

Civil Defence payments

Anyone who has been displaced or can’t work due to Cyclone Gabrielle can apply for a Civil Defence payment. Eligibility is limited, so check the website for more information.

Farmer and Grower Recovery Grants

The Government is providing $25 million to help farmers and growers to recover from the cyclone. Grants can be requested from the MPI website from late afternoon 22 Feb 2023. When it becomes availbale please click here or email funding@mpi.govt.nz 

Flood recovery payments for Auckland businesses

Individuals, marae and community groups affected by this year’s extreme weather events in Auckland can apply for a grant from the Auckland Council Emergency Relief Fund. You can find out more and apply here.

Inland Revenue waives late payment penalties

Inland Revenue has announced it will waive late payment penalties for businesses unable to file or pay tax on time due to the recent extreme weather. More information here.

We can help with securing funding and support

If you need assistance in demonstrating the impact of the weather events on your business, we can help. We can also complete funding applications on your behalf, and talk to the Inland Revenue about support for your tax situation.

Up to date information from Hawkes Bay Civil Defence

Please continue to check here for up to date information. 

 

Please do get in touch, we’re here to help.