The NZ dollar has fallen sharply since the Reserve Bank governor announced interest rates would stay low until 2020. New Zealanders could be in line for a cash payout, alongside temporary tax cuts if the economy crashes, according to advice from Treasury. "You can give a tax cut, but that's too delayed because the tax cut only comes in in a different fiscal year, Olsen said. Helicopter money is the nickname for stimulating the economy by putting money in peoples' accounts, as if you had thrown it out of a helicopter. The other option would be to subsidise the purchase of certain products to prevent stimulus money being sent offshore.

Source: Stuff July 22, 2019 03:00 UTC