New Zealand pay subsidy scheme hit by reports of firms pocketing cash
Finance minister says NZ$17m has been paid back by firms not entitled to subsidy
Employers who were not entitled to New Zealand’s coronavirus wage subsidy scheme have paid back NZ$17m ( £8.3m) into public coffers, the country’s finance minister has said, as reports emerged of companies failing to pass the money on to employees.
The scheme has been signed up to by 1.6 million New Zealanders, especially workers in the retail, hospitality and tourism sectors who have been unable to earn incomes, and may be unable to do so for many months to come.
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