Wednesday, 18th March, 2020
The past week’s COVID-19 developments have been rapid; the effective closure of the border is a complete game changer for the NZ economy. The RBNZ has already cut the OCR by 75bp to 0.25%, and stands ready to provide more support if needed. It is important for businesses to be prepared for dealing with COVID-19 and its potential impacts on your business. For more, read our full report.