PHOTO: EQT spokesperson Ken Wong says it is in the “spirit of the scheme” to return the subsidy. (File image). Photo: 123RF
Retirement village operator Metlifecare will repay $6.8 million it received from the government’s wage subsidy scheme.
Chair Paul McClintock said repaying the money was the right thing to do
“The whole Metlifecare team has done an extraordinary job in managing the Covid-19 crisis and should be commended for their efforts. Metlifecare maintained its high standards of care for residents whilst also supporting the safety and health of its staff throughout this challenging period.
“While Covid-19 has created significant and lasting economic uncertainty globally and in New Zealand, and Metlifecare did qualify for the scheme, EQT and the board has now determined that repaying the wage subsidy is the right thing to do.”
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