Don Brash: 'Delaying the election should be considered'

Author
Newstalk ZB,
Publish Date
Thu, 13 Aug 2020, 10:53AM
Photo / File

Don Brash: 'Delaying the election should be considered'

Author
Newstalk ZB,
Publish Date
Thu, 13 Aug 2020, 10:53AM

Debate continues around the election date.

National Leader Judith Collins has called for the September election to be delayed because of Covid-19.

It's a little over five weeks before we head to the polls.

Former National Party and ACT leader Don Brash told Kate Hawkesby the new restrictions have already started to impact campaigning.

“All political parties have formally suspended their campaigns, with National having to cancel their launch this weekend, so postponing the election is a fair question."

In financial news, there's doubt the Reserve Bank's move to basically print more money will be effective.

The Official Cash Rate's unchanged on 0.25 percent.

But the Reserve Bank's increased its cap on quantitative easing, from $60 billion dollars to $100 billion.

Former Reserve Bank Governor, Don Brash, says some people say it'll only have a marginal effect.

"It's holding interest rates close to 0.25 per cent,  but it isn't having the big effect that reducing interest rates would have."