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Cheap business loan program extended for those off JobKeeper

Cheap COVID-recovery loans with 24-month repayment holidays are on offer for Mackay and Whitsunday businesses that move off JobKeeper by March 28. More than 350,000 current JobKeeper recipients Australia-wide are expected to be eligible under the expanded SME Loan Guarantee Scheme. Loans will be available from April 1 and must be approved before December 31 this year. The Morrison-McCormack Government will extend the scheme as part of its commitment to support up to $40 billion in lending to small and medium enterprises. Under the existing scheme, the government says more than 35,000 loans worth more than $3 billion have already been provided to help businesses get to the other side of this pandemic.

Veteran planemaker Pacific Aerospace now in full liquidation

Veteran planemaker Pacific Aerospace now in full liquidation
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

CAA extends breathing space for operators of Pacific Aerospace aircraft

CAA extends breathing space for operators of Pacific Aerospace aircraft 3 Mar, 2021 04:38 AM 3 minutes to read There is some good news for owners and operators of aircraft made by Pacific Aerospace, now in interim liquidation - New Zealand s Civil Aviation Authority has extended its decision not to revoke the planemaker s certifications. The veteran Waikato planemaker has more than 300 aircraft in operation around the world and has supplied aircraft to around 80 per cent of the topdressing industry. If the CAA revoked its organisational certificates due to its insolvency, those aircraft could be grounded. We haven t revoked any of PAL s certificates. The type certificates for PAL-produced aircraft are still in place, meaning owners and operators of PAL aircraft can still fly these, a CAA spokesman said.

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