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6 Jun 2020 14:11
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  •   Home > News > Business

    Covid-19 has already had significant impacts on the country financially

    Covid-19 has already had significant impacts on the country financially


    The OECD believes there will be an initial drop in the economy of almost 30 percent.

    National party finance spokesperson Paul Goldsmith says this prediction is not surprising because big parts of the economy are closed.

    He says a heart attack is happening within the economy with businesses making zero revenue and people at home not spending.

    © 2020 Newstalk ZB, NZCity


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     05 Jun: Queenstown Mayor Jim Boult agrees the tourism township is heading for 18.5 percent unemployment - but only if it does nothing
     04 Jun: A new survey of businesses who claimed the wage subsidy shows it was a lifeline for some workplaces
     04 Jun: An Auckland businessman's been put behind bars for smuggling nearly 20 million cigarettes into the country
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