Treasury forecasts show New Zealand is facing a significant hit to the economy no matter how long the country remains in Alert Levels 3 and 4.
Treasury has released seven different scenarios on the possible economic impacts of Covid-19.
They show unemployment can be kept below 10 percent and return to 5 percent in 2021 with the help of additional government support,
An Economist at Sense Partners Shamubeel Eaqub speaks to Māni Dunlop.