If your business has been impacted by Cyclone Gabrielle, you may be eligible to receive support from your bank and/or the Government. Here are some links to some of the support available to businesses across New Zealand.
If you own a business in one of the seven regions that have been affected by Cyclone Gabrielle, or the January flooding, you can apply for support to help with recovery. The affected areas are Northland, Auckland, Bay of Plenty, Coromandel, Tairāwhiti, Hawke’s Bay and Tararua.
Eligible businesses can apply for a grant of up to $40,000. Businesses must not already be receiving funding from the Ministry for Primary Industries recovery fund.
Some criteria will apply and applications will be via local partners. More information on the criteria and how to apply is available on the Ministry of Business, Innovation and Employment website.
Civil Defence payments
Anyone who has been displaced or can’t work due to Cyclone Gabrielle can apply for a Civil Defence payment. Eligibility is limited, so check the website for more information.
Flood recovery payments for Auckland businesses
Individuals, marae and community groups affected by this year’s extreme weather events in Auckland can apply for a grant from the Auckland Council Emergency Relief Fund. You can find out more and apply here.
Inland Revenue has announced it will waive late payment penalties for businesses unable to file or pay tax on time due to the recent extreme weather. More information here.
The Ministry for Primary Industries (MPI) has announced funding to mobilise and co-ordinate recovery efforts for farmers, growers, whenua Māori owners and rural communities.
Many industry groups have emergency support information available on their websites:
Westpac’s small business customers can apply for a $2,500 cash grant from the Small Business Flood Relief Fund. This also applies to businesses hit by the earlier Auckland floods. Visit the Westpac website and apply now.
ASB’s business and personal customers can apply for a one-off $2,000 cash payment for support. You’ll need to supply some evidence of the impact that Cyclone Gabrielle, or the recent flooding, have had on your operations. Apply on the ASB website.
Other major banks – including ANZ, BNZ, and Kiwibank – are offering businesses temporary overdrafts, zero-fee loan restructuring, interest only periods on loans, payment deferrals and other support. Get in touch with your bank to see what’s on offer.
If you need help in demonstrating the impact the weather has had on your business, we can help. We can also complete funding applications on your behalf as well as talk to the Inland Revenue about support for your tax situation. Get in touch with us; we’re here to help.
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