The Prime Minister says the latest Covid Royal Commission findings are sobering

Its second phase has been released today, finding New Zealand's approach was good overall, but the Government was too slow in some areas, and some restrictions went too far.

It's recommending response legislation be prepared ahead of time, and regular reporting on financial resilience for future shocks

Chris Luxon says economic management matters in a crisis, and this is a big lesson in the economic impacts of spending and borrowing for too long.