Trumped again by NZ

The New Zealand PM has today announced a NZ$12.1 billion or 4% of GDP package for business, the health system and people in isolation. Ours is less than 1%. New Zealand has 12 confirmed cases, Australia 531.

Starting immediately is a NZ$5 billion fund for wage subsidies in all sectors and regions.

Adjusted for population size, this NZ$12.1 billion is equivalent to a $40 billion spend in Australia. The PM’s current offer is $20 billion.

Read about this go-hard-go-early NZ response in The Conversation.

Think it through, spend more.

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