Election 2020 | Coronavirus | Finance | Primary Sector | Retail | Economy |
Election 2020 Coronavirus Finance Primary Sector Retail Economy Policy Infrastructure Property Markets Listed Companies Law & Regulation Opinion Services
Subscribe Login

Coronavirus will loom over May 14 budget

By Rebecca Howard | Wed, 12 Feb 2020

Finance Minister Grant Robertson has announced this year's budget will be on May 14, with the impact of the coronavirus outbreak too hard to assess for him to rule out the potential for it to cause a recession.  The precise impact will depend on the duration of the outbreak and its geographic spread, “but at the macro level at this point we think the impacts will be measurable but still somewhat limited,” Treasury secretary Caralee McLiesh told a parliamentary select committee.Too soon to callWhen pushed for details, she said it's too earl...

© Content Ltd 2020.