CEO Comment Covid-19

26 March 2020

Virginia webAs we start the Alert Level 4 Lockdown in our homes, we know that working from home will be challenging for us all.  We are learning new ways to communicate with our colleagues, and at the same time some of you are juggling children along with setting up a home office.

Keeping up to date with covid-19 has been challenging as information is updated rapidly.  We wanted to try to make this easier for you, and so we have put together one document so that you can find out the latest information.

BusinessNZ has launched the Update podcast to give you the essential business news you need direct from the source.  Listen to BusinessNZ.fm for frequent updates from host Grant Walker relevant to your business.

We are continuing to work with central Government within the BusinessNZ network to provide a channel between Government and the business community.  As a result of this we are an essential service who will be continuing to provide services to you from our homes during the lockdown.  If you need any assistance, please contact us on 0508 656 757.

We have joined with Polson Higgs for a free business Covid-19 information briefing in a live interactive webinar on Tuesday, 31 March at 10.30 am.  OSEA Senior Lawyer David Browne will cover the implications of this on your employment relations.  Polson Higgs Partner Henry van Dyk will provide information on the likely financial impact on business and business continuity planning.  If you would like to join this webinar, please enrol here.

If you need more assistance deciding if you are an essential business, there is more information here.

The Minister of Finance announced a range of financial support interventions this week including a $6.25 billion Business Finance Guarantee Scheme for small and medium-sized businesses, to protect jobs and support the economy through this unprecedented time.  The scheme will provide short-term credit to cushion the financial distress on solvent small and medium-sized firms affected by the COVID-19 crisis.  The scheme will include a limit of $500,000 per loan and will apply to firms with a turnover of between $250,000 and $80 million per annum.  The loans will be for a maximum of three years and expected to be provided by the banks at competitive, transparent rates.  The specific details of this initiative are being finalised and agreed urgently and banks will make these public in the coming days.  Read more.

We are here to help you in these very difficult and challenging times. 

Kia kaha

 

Virginia Nicholls | CEO | www.osea.org.nz

Call: 0508 656 757 or email info@osea.org.nz

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