Robertson: The NZ economy bounces back

The Government’s decision to act quickly in response to the global COVID-19 pandemic has helped the economy recover faster than expected, Grant Robertson said. GDP rose 14 percent in the September quarter following a revised 11 percent fall in the June quarter. On an annual average basis GDP fell 2.2 percent in the year ended September 2020. “The economic bounce back is a result of our decision to go hard and early during the COVID-19 pandemic. We supported more than 1.8 million workers through the Wage Subsidy Scheme and invested billions of dollars into infrastructure, training and creating jobs,” Grant … (full story)

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