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19 Jun 2021 18:37
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  •   Home > News > Business

    New Zealand and Australia are charting different courses -- on their way out of the Covid-19 pandemic

    New Zealand and Australia are charting different courses -- on their way out of the Covid-19 pandemic


    Australia's federal government has revealed a big spend-up in its budget overnight -- taking on more debt to create a quarter of a million jobs over the next two years.

    Former Finance Minister Steven Joyce says next week's New Zealand budget is likely to take a similar approach.

    But he says while our Government is ending oil drilling and introducing Fair Pay Agreements, Australia is avoiding major changes to its economy.

    Joyce says New Zealand is trying to change the economy to a 'new normal', while Australia is trying to restore its 'old normal'.

    © 2021 Newstalk ZB, NZCity

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     18 Jun: A report into our managed isolation hotels has found health resourcing is under pressure
     18 Jun: The mayor of the country's biggest city doesn't believe the changes proposed for the country's water operations, would work for Auckland
     18 Jun: More money looks to be needed to get Wellington's Town Hall re-opened
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