"Helicopter money" to households an option as gov't, RBA confronts coronavirus crisis. I speak with economists Andrew Charlton and Stephen Halmarick

The extreme measure of "helicopter money" is on the table as an option to resuscitate the economy one it begins to crawl out of the coronavirus lockdown. 

Economist Andrew Charlton, who advised Kevin Rudd during the global financial crisis, says the risky strategy where money is printed and pumped to households might have to be considered. 

Commonwealth Bank chief economist Stephen Halmarick agrees the measure would be extreme and says without massive government and Reserve Bank stimulus, the economy would have tipped into a crisis beyond a deep recession. 

Here's my report from this morning's AM program.