Covid-19 is a “1-in-100 year shock” and next week’s budget "is far from business as usual," Finance Minister Grant Robertson said. “The Budget this year is just one staging post in our fight against, and recovery from, covid-19,” he told the Wellington Chamber of Commerce in a...
Next Thursday's Budget will be the first outing for the government's vision not only to recover from the massive shock of the response to covid-19, but to "build back better."
Local jobs numbers looked good in the March quarter but are of little comfort, given the rising number of layoffs and unemployment benefit claims.
The Reserve Bank of New Zealand offered an insight into next week's monetary policy statement and projections this morning, estimating $10 billion of lost production under the strictest lockdown restrictions. It estimates gross domestic product sank around 37 percent during f...
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