New forecast: NZ economy set to contract by 6 per cent in 2020
However, much depends on the duration of the shutdown.
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Latest fromEconomy
Pay wage subsidy and keep employing staff Govt tells businesses
Government announces tweaks to employer wage subsidy.
Half-million infected as global economic toll rises
Global efforts to flatten the curve of COVID-19 brings economic damage into acute focus.
Economist warns 200,000 Kiwi jobs could be lost due to coronavirus
One said economic damage could be far greater than Global Financial Crisis.
ANZ Investments to vote against Vital Healthcare restructure
The current environment makes the requirements of the deal difficult.
Coronavirus: Workers in essential services say they feel unsafe
Companies flouting lockdown rules could suffer lasting reputational damage, expert says.
Lockdown angst: How to survive working from home with kids
So you've got some new "helpers". Here's how to manage them and still get some work done.
Wall Street on track for first back-to-back gain in six weeks
This comes off the back of the US$2 trillion deal signed off by Washington.
S&P: China now a bright spot as US outlook darkens
China's economy shrank dramatically the first quarter but is moving into recovery.
'A lot of countries have spent their bullets, we haven't' - economist
ANZ chief economist Sharon Zollner says NZ is in a good position to weather the storm.
Employers told: 'Do your utmost to avoid redundancy'
Employment lawyer says buying staff loyalty will be crucial to business recovery.
QE Explainer: RBNZ move signals new era for economy
The Reserve Bank draws on New Zealand's collective wealth to stabilise money markets.
Anger erupts as Republicans and Democrats fail to end bailout stalemate
American politicians can't agree on how US$2 trillion should be spent.
Working from home: The best video chat solutions and tips
What companies are picking. Plus: top tips for better video conferencing.
Holy videocall: Batman pops in to bring smiles amid Coronavirus news
Caped Crusader popped up during Vodafone video call to bring joy after coronavirus news.
Peter Lyons: Govt rescue package is too cumbersome and slow
Comment: Immediate mortgage and business debt breaks would be a better approach.
Wage subsidies could be broadened if NZ hits alert level three
If Covid-19 alert level goes up, Government's response almost certain to broaden.
Reserve Bank beginning GFC-era $30b spending spree
The RBNZ will begin a quantitative easing programme for the first time in NZ's history
$30b buy: Reserve Bank's emergency move to keep interest rates low
"The programme aims to provide further support to the economy."
How our cafes and bars are adapting to Covid-19
Local hospitality businesses remain open in the face of the Covid-19 pandemic.
Coronavirus crisis: Thousands of job cuts coming
The Chamber of Commerce says job cuts are coming and has urged the Government to do more.
Spark closes three stores, Vodafone NZ hit by India lockdown
Staff shortages see both telcos warn on store closures to come.
NZ retains 'ample' spending room: Moody's
Ratings agency says stimulus package is not enough to hurt Government's fiscal strength.
NZ Super Fund plunges $9 billion during coronavirus
Fund maintains the best strategy is to keep buying, despite large fall in its size.
Brian Fallow: A bungy cord for a virus-hit economy
This week's emergency measures won't stop the fall, but they do provide a valuable buffer.
Reserve Bank quarantines cash for hygiene, has two years supply
Reserve Bank will quarantine money for 14 days.
'Retail therapy is over' - worker's stark message to browsing customers
Some retail workers in larger malls feel at risk from customers 'browsing to feel normal'.
NZ's already tepid economic growth heading for a nose dive
New Zealand's economy was already slowing in the final quarter of last year.
Aaron Martin: Coronavirus and the migrant workforce
Comment: Protections needed for migrants in NZ to keep production going.
Strong Govt balance sheet a good starting point
Government's low level of debt puts NZ on more solid ground heading into global recession.
City quiet as thousands work from home
Houses around New Zealand become home-offices as workers are told to work from home.