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22 Jun 2021 5:27
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  •   Home > News > Business

    Record investment is tipped to be in Australia's Federal Budget, that's released tonight

    Record investment is tipped to be in Australia's Federal Budget, that's released tonight


    It's expected to pump billions of dollars into the economy, as the Government focusses on recovering from the pandemic.

    Aged care, childcare, infrastructure and job creation are some areas seeing a cash injection.

    HSBC chief economist Paul Bloxham says the Government can spend the cash because the economy's doing better than expected.

    He says they're in an upswing with Covid-19 numbers under control, and are seeing a boost to national income from higher iron ore and general commodity prices.

    © 2021 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    All Blacks coach Ian Foster has leaped to pick two familiar faces in his 36-man squad for tests against Tonga and Fiji next month More...


    BUSINESS BUSINESS
    An Auckland business leader is "astounded" at the lack of care for businesses devastated by the City Rail Link project More...



     Today's News

    Rugby:
    All Blacks coach Ian Foster has leaped to pick two familiar faces in his 36-man squad for tests against Tonga and Fiji next month 4:56

    Cricket:
    Rain has seen cricket's World Test Championship final between New Zealand and India in Southampton abandoned on the fourth day 4:36

    Accident and Emergency:
    Police are at the scene of a two-vehicle crash on State Highway 2 near Minden in the Western Bay of Plenty 22:16

    Entertainment:
    Hugh Grant married for "love" 21:59

    Entertainment:
    Dick Van Dyke is "looking forward" to turning 100 21:29

    Health & Safety:
    Vaccinating Kiwi teens is expected to bolster New Zealand's defence against Covid-19 21:16

    Soccer:
    Euro 2020 scores: Ukraine vs Austria, Nth Macedonia vs Netherlands, Finland vs Belgium, Russia vs Denmark live updates 21:06

    Entertainment:
    Ciara and Russell Wilson knew within five minutes of meeting that they'd marry and have children 20:59

    Entertainment:
    Tori Spelling and her husband are sleeping in separate rooms 20:29

    Entertainment:
    Chrissy Teigen's team have accused Michael Costello of sharing fake screenshots 19:59


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