The Government should be providing direct financial support to small businesses, including commercial property owners, to help them through the coronavirus crisis, National Party economic development spokesman Todd McClay says. McClay said the Government could look to Australia as a model for how best to provide more direct support. Not-For-Syndication National Party economic development spokesman Todd McClay says help so far is not enough. "However both of these approaches would have meant commercial property owners would have had their income protected at a time when no one else enjoys that privilege,” Little said. Cabinet's economic development committee had instead discussed changing the Property Law Act "to support New Zealand businesses in managing their rents", he said.

Source: Stuff April 29, 2020 03:14 UTC