Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Private sector supports rebirth of strong Canterbury


Media release
22 March 2011

Private sector supports rebirth of strong Canterbury

Today’s announcement by Government outlining a $2.5 million funding package for business is welcomed by business.

“A strong Canterbury emerging from the recent earthquakes is crucial for the whole country, not just the region itself. The Government’s commitment to Canterbury is good to see and so too is the support of the private sector,” BusinessNZ Chief executive Phil O’Reilly said.

“The $2.5 million from the Government in to the Canterbury Business Recovery Trust Fund will be matched by the business sector. BusinessNZ’s Major Companies Group members have pledged in excess of this sum already and there is much interest out there to provide significant financial support to Canterbury.

“Many New Zealanders recognise that this could be any of us, and there is a real human side to this, but there is also a commercial realism. New Zealand needs Canterbury to be strong and to have a thriving business community. And our larger firms are happy to support this knowing that by supporting business they are helping to retain jobs, keep families together and assist to get the economy back on its feet.”

The Canterbury Business Recovery Trust Fund will be administered by the Canterbury Business Recovery Group (CBRG), governed by the Canterbury Employers’ Chamber of Commerce, Canterbury Development Corporation, Ngai Tahu Holdings and Christchurch City Holdings.

The Canterbury Business Recovery Group is also coordinating the dedicated call centre for business on 0800 505096, the business information portal www.recovercanterbury.co.nz, mobile business recovery centres offering business continuity assistance across the city, and input into the wider support mechanisms including the Earthquake Support Subsidy for employers and the Earthquake Job Loss Cover for employees.

For more information about the Canterbury Business Recovery Trust Fund and to make a donation visit www.recovercanterbury.co.nz. Applications for funds from the Trust will open on 1st April (once the funds become available) but expressions of interest can be made now via www.recovercanterbury.co.nz or through the call centre on 0800 505096.


ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Auckland Surge, Possible Peak: House Values Accelerate At Fastest Annual Pace In 8 Years

New Zealand residential property values rose at their fastest annual pace in eight years in August, pushed higher by overflowing demand in Auckland, which is showing signs speculators think it has reached its peak, according to Quotable Value. More>>

ALSO:

Cash Money: Reserve Bank Launches New $5 And $10 Banknotes

The $5 and $10 final banknotes were revealed at an event at the Bank in Wellington, and will start to be released from mid-October 2015. More>>

ALSO:

Truck Sales Booted: Commerce Commission Files Charges Against Mobile Trader

The Commerce Commission has filed charges against a mobile trader, or truck shop operator, claiming he obtained money from customers by deception and never intended to supply them with the goods they paid for. More>>

ALSO:

Planes: Jetstar Launches Regional Network

Jetstar, the Qantas Airways budget offshoot, launched its new regional network in New Zealand with special $9 one-way fares and has narrowed down its choices to five routes and four destinations - Nelson, Napier, New Plymouth, and Palmerston North. More>>

ALSO:

Fisheries: Report On Underrsize Snapper Catch

The report found that commercial fishers caught 144 tonnes of undersized snapper in the Snapper 1 area – about 3% of the total commercial catch – in the year ending February 2015. The area stretches from the top of the North Island to the Bay of Plenty and is one of New Zealand’s most important fisheries. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news