All Episodes

May 13, 2020 35 mins
The Government has been praised for their growth plan.
The Finance Minister's announced a targeted extension to the Wage Subsidy Scheme and $3 billion  for infrastructure.
Treasury forecast the package could return unemployment to 4.2 per cent by 2022.
KPMG Head of Financial Services Bruce Bernacchi told Simon Barnett and Phil Gifford keeping people in work is critical.
"We've got forecast unemployment at just below 10 per cent, and when you have that level of unemployment, there's risks they're not going to keep their house. High levels of unemployment is not just an economic issue. It's a social issue."
Meanwhile, the Government has delivered a $400 million lifeboat for tourism. The fund will allow for various kinds of support, including a domestic tourism campaign.
Newstalk ZB Political Editor Barry Soper says he suspects there's a bit of politics involved in that decision.
"Whereas the handout for Maori, because they say they are most likely to be disadvantaged in all of this, is over $900 million. I think that's with the Maori electorate seats in mind."
LISTEN ABOVE

See omnystudio.com/listener for privacy information.

Mark as Played

Advertise With Us

Popular Podcasts

24/7 News: The Latest
Dateline NBC

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 Clay Travis and Buck Sexton Show

The Clay Travis and Buck Sexton Show

The Clay Travis and Buck Sexton Show. Clay Travis and Buck Sexton tackle the biggest stories in news, politics and current events with intelligence and humor. From the border crisis, to the madness of cancel culture and far-left missteps, Clay and Buck guide listeners through the latest headlines and hot topics with fun and entertaining conversations and opinions.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.