‘Helicopter money’ among options in budget mix

Thu, 23 Apr 2020

Finance Minister Grant Robertson and his associates are considering whether to spray money out to the public to help tide them through the covid-19 crisis and looming recession. Robertson told the Mike Hosking Breakfast show on NewstalkZB that helicopter money – where money is printed and distributed to the public to help stimulate the economy - is part of a potential package, but does have downsides. “It’s not particularly targeted, so there are upsides and downsides to all of these options and that’s what we have to work through,” he sa...

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