14 Apr 2020

Grant Robertson on Treasury forecasts

From Nine To Noon, 9:21 am on 14 April 2020
Finance Minister Grant Robertson

Finance Minister Grant Robertson Photo: Pool / NZME

The Treasury has just released seven scenarios looking at how the economy is faring -  and could fare - depending on how long the country stays at Level 4 lockdown.

At best, the Treasury says unemployment can be kept below 10%, and return to 5% next year with additional government support.

At worst - with more time required in Level Four - it says unemployment could reach 17-point-five to 26 percent.

The Finance Minister Grant Robertson joins Kathryn to discuss.