New Zealand Finance Minister Grant Robertson speaking in front of a parliamentary committee
Comments on the government response to coronavirus
- 7 weeks of alert level 4 or 3 is a shorter period than the 8 weeks assumed in Treasury scenario one economic projection
- Says economy was in strong position before crisis and is well placed to recover, certainly relative to peers such as Australia
- biggest risk for small businesses is "yo-yo" effect of having to go back into tighter restrictions
Via Bloomberg
---
Yesterday I posted on how Goldman Sachs view AUD/NZD, they are in disagreement with Roberston on the relative merits of Australia vs. New Zealand'
