Artwork

Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Donna Demaio: Australian Correspondent ahead of Australia's federal budget announcement

2:26
 
Share
 

Manage episode 418091308 series 2098280
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Australia’s federal budget is due today.

With gross debt predicted to rise above $1 trillion by 2026, Treasurer Jim Chalmers is walking a tightrope between offering cost-of-living relief without fuelling inflation.

Repayments on Government debt have become the fastest growing expense in the budget, and Dr Chalmers is facing calls to continue cutting spending.

Australian Correspondent Donna Demaio told Mike Hosking that they’re hearing that inflation could be under control a year earlier than expected.

The early relief could result in interest rate cuts, and there has been talk of energy bill relief for students and welfare recipients, she said.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

2770 episodes

Artwork
iconShare
 
Manage episode 418091308 series 2098280
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Australia’s federal budget is due today.

With gross debt predicted to rise above $1 trillion by 2026, Treasurer Jim Chalmers is walking a tightrope between offering cost-of-living relief without fuelling inflation.

Repayments on Government debt have become the fastest growing expense in the budget, and Dr Chalmers is facing calls to continue cutting spending.

Australian Correspondent Donna Demaio told Mike Hosking that they’re hearing that inflation could be under control a year earlier than expected.

The early relief could result in interest rate cuts, and there has been talk of energy bill relief for students and welfare recipients, she said.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

2770 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide