Nat plan hard times package

John Key repeated on Agenda what he said on TV 1 news last night, National is planning a package to provide short term relief  for people who lose their jobs in the recession.

It would help cover pressing bills such as mortgage repayments or rent.

Key is not disclosing further details, but it is thought people would be able to apply for an interest-free loan.

He told Agenda there is no question New Zealand is in recession and details of the package would be released next weekend.

A transcript of the interview will be on line here later.

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