18 Mar 2020

Will New Zealand's Covid-19 stimulus package be enough?

From Nine To Noon, 9:06 am on 18 March 2020
Finance Minister Grant Robertson announcing the economic package to fight Covid-19.

Finance Minister Grant Robertson announcing the economic package to fight Covid-19. Photo: RNZ/Dom Thomas

Grant Robertson talks to Kathryn Ryan about his unprecedented $12-point-one billion dollar stimulus package.  It includes wage subsidies of $5.1 billion, which for employers means $585 a week  for full time staff, and $350 a week  for part time staff capped at $150,000 per business, $126million for self-isolation support, $500 million for health and a bump in benefits. But already he's admitting not all jobs will be saved.