Tourism Salary Subsidy Payments
Since the beginning of the quarantine that arose from the coronavirus, many large New Zealand companies have received government payroll subsidies.
Some large corporations that applied for and received the grant last year, including retailers Briscoe Group, The Warehouse, and Fletcher Building, are not participating in the latest payout events. This applies to the players in the tourism industry.
Air New Zealand was number one with $ 26.1 million in the airline and regional maintenance.
Australian-owned competitor Jetstar received a more modest payout of $ 817,908 from 232 employees.
Auckland International Airport received $ 1.1 million, and motorhome operator Tourism Holdings received $ 843,314.
Other tourism organizations receiving support are the Sky City Casino with $ 2.6 million and the James Cook Hotel in Wellington with $ 860,263.
Business travel software firm Serko received an additional $ 664,800 in cash.
Large hospitality and retail companies have also reached out for help, including $ 7.2 million from Restaurant Brands, which has KFC, Carl’s Jr, Pizza Hut, and Taco Bell fast-food outlets.
State-owned hotel firms Savor Group ($ 711,672) and Good Spirits Hospitality ($ 591,892) are also worth mentioning.
There are no major retailers in the peppercorns, but some popular brands have received widespread support.
Kathmandu received $ 1.2 million, while Hallenstein Glasson received a total of $ 1.9 million for its menswear and womenswear markets, $ 738,648 for Michael Hill Jeweler, and $ 945,224 for the Turners auction.
Largest retailer James Pascoe Group received a $ 1.2 million payment and an additional $ 1.2 million for its Whitcoulls business.
Other organizations that will receive large payouts include registered building products firm Steel & Tube, carpet manufacturer Bremworth, and automation venture Scott Technology.
As a result, the authorities spent about $ 4 billion on wage subsidies and other measures to support entrepreneurship in the country.