close
Business
4 mins to read

Rocket Lab founder: don’t spend government money on obsolete jobs

Peter Beck says Covid-19’s economic impact is about to ‘go exponential’.

Ged Cann
Tue, 05 May 2020

The government should be cautious in continuing to pay the wages of jobs that may not exist post-coronavirus and start directing cash into projects that speed up economic recovery, Rocket Lab founder Peter Beck says.

While subsidising wages was the right call in the short term, Beck said as the

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Ged Cann
Tue, 05 May 2020
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Rocket Lab founder: don’t spend government money on obsolete jobs
Business,
83492