Andrew Dickens Afternoons

Andrew Dickens: Cutting GST won't solve coronavirus economic woes

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I had a week off due to a number of personal reasons including moving house so I have had a merciful break.For a week I haven’t had to say the c word.  It’s got so ubiquitous that I think it should be the second c word to be banned on the radio.The word of course is Coronavirus. There is a third c word we could ban and that’s Covid-19.Now I hate to say I told you so but I told you so. A month ago I wrote that that you and I are highly unlikely to catch this new viral bug, but it’s effect on the world will be enormous because of the effect on the global economy. An effect that was totally predictable as entire regions of countries are shut and production halted for 14 days or more.And so it’s been proven.The front page of any news website today highlights that hundreds of jobs have already been lost in the tourism industry.  The Air New Zealand boss has today taken a pay cut and suspended earnings guidance as people stop travelling here and New Zealanders stop travelling abroad. I personally know of three kids