Half of the $50 million recovery package has now been allocated to businesses in need of immediate repairs in areas where the cyclone caused the most damage.

The funding taps out at $40,000 for each business with more funding to come in the coming weeks.

Local councils and business associations will be in charge of distributing the money.

Finance Minister Grant Robertson said that they’re getting a better idea every day as to how much this will cost in total.

LISTEN ABOVE

Half of the $50 million recovery package has now been allocated to businesses in need of immediate repairs in areas where the cyclone caused the most damage.
The funding taps out at $40,000 for each business with more funding to come in the coming weeks.
Local councils and business associations will be in charge of distributing the money.
Finance Minister Grant Robertson said that they’re getting a better idea every day as to how much this will cost in total.
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...