Former Reserve Bank economist: How the NZ economy is faring

Author
Newstalk ZB,
Publish Date
Thu, 9 Apr 2020, 2:45PM
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Former Reserve Bank economist: How the NZ economy is faring

Author
Newstalk ZB,
Publish Date
Thu, 9 Apr 2020, 2:45PM

There has been a number of developments in the last few days - the Reserve Bank spending another $3 billion on quantitative easing and banks have had their credit rating downgraded. 

And now we also have a paper saying that our wage subsidy doesn't go as far or isn't as generous as some overseas. 

Former Reserve Bank economist Michael Reddell joined Mike Hosking to share his knowledge on the issue.

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