New Zealand to feel biggest economic impact in June quarter, finance minister says

FILE PHOTO: New Zealand's Finance Minister Grant Robertson speaks about the"wellbeing" budget in Wellington, New Zealand, May 30, 2019. REUTERS/Charlotte Greenfield

WELLINGTON - New Zealand’s finance minister said on Thursday that the biggest economic impact from COVID-19 restrictions will only be seen in the June quarter, after the country reported gross domestic product contracted in the first three months. “The biggest impact of the global recession and Alert Level 4 public health restrictions will be seen in the current June quarter,” Grant Robertson said in a statement.

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UK travellers bring coronavirus to New Zealand after it was eradicated - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Ardern caught out boasting too soon and this very sneaky Virus has come back to bite her. Why is she letting Boris Johnson's virus back into her country? His response to the Coronavirus has been abysmal. MataeQ Guess it's time to finally remove the union jack from the flag of NZ. It's long overdue.
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