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  • NZBusiness+Management

    WHY STIMULATING SMALL BUSINESS LENDING BENEFITS OUR ECONOMY

    Jan 21, 2021 3 minutes

    As nations across the globe see Covid-19 cases continue to rise, New Zealand’s strict and decisive lockdowns have positioned its pandemic response as world-leading.

    However, the social and economic blackouts have not been without sacrifice.

    Small and medium-sized enterprises (SMEs) make up 97 percent of firms in New Zealand. That equates to 530,000 businesses. Over the course of two lockdowns these SMEs were forced to hibernate, leading to longterm damage and in some cases,

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