May 14, 2020 • 8 mins
There are accusations that 'loose spending' is in the Government's nature.
The Finance Minister today announced a $50 billion relief fund to rebuild the economy.
It includes a business support package, infrastructure investment and new funding to strengthen health and education.
But National's Finance Spokesperson Paul Goldsmith told Simon Barnett and Phil Gifford it's too vague.
“We need to remember this is the Government that promised us Kiwibuild and talked about light rail in Auckland, and nothing has happened with that.
“It’s great to announce stuff but you actually have to deliver it.”
Goldsmith says his party would have, of course, had to borrow as well.
“The question is whether returning what might have been a $50, 60 or $70 billion catastrophe into a $140 catastrophe. That’s the real issue.”
LISTEN ABOVE
The Finance Minister today announced a $50 billion relief fund to rebuild the economy.
It includes a business support package, infrastructure investment and new funding to strengthen health and education.
But National's Finance Spokesperson Paul Goldsmith told Simon Barnett and Phil Gifford it's too vague.
“We need to remember this is the Government that promised us Kiwibuild and talked about light rail in Auckland, and nothing has happened with that.
“It’s great to announce stuff but you actually have to deliver it.”
Goldsmith says his party would have, of course, had to borrow as well.
“The question is whether returning what might have been a $50, 60 or $70 billion catastrophe into a $140 catastrophe. That’s the real issue.”
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Mark as Played
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!