Photo / Mark MitchellJason Walls is a political reporter for the New Zealand HeraldFinance Minister Grant Robertson has revealed the Government considered giving New Zealanders a US-style stimulus cheque to provide an economic cushion to the Covid-induced downturn. He did not directly reference the US stimulus cheque scheme, but that economic plan was also known as "helicopter money". That means media were unable to ask further questions on how much discussion actually went into adopting a similar US-style stimulus cheque in New Zealand. US law makes recently approved a $1.9 trillion relief package which comes in the form on stimulus cheque to most Americans. To date, more than $14b has been paid through NZ's wage subsidy scheme to more than 750,000 businesses.

Source: New Zealand Herald March 09, 2021 22:37 UTC