Covid-19 hit: not as bad as we expected?

Thu, 04 Jun 2020

Signs are emerging that the economic hit from covid-19 might not be as bad as expected, although what actually happens from slamming the brakes on activity both at home and abroad remains uncertain. “From the outset of this pandemic, our government has committed to going hard and going early, cushioning the blow for households and businesses, and kick-starting the recovery on the other side,” Finance Minister Grant Robertson told Parliament this week. It may be working. The massive $62.1 billion of fiscal stimulus and the Reserve B...

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