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4 Jul 2025 13:46
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  •   Home > News > Politics

    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'.

    © 2025 Newstalk ZB, NZCity

     Other Politics News
     04 Jul: Lost in space: MethaneSat failed just as NZ was to take over mission control – here’s what we need to know now
     04 Jul: The Pasifika Medical Association continues to refute allegations of impropriety, over its funding of Moana Pasifika
     04 Jul: A West Coast Tasman MP wants a 'mini-version' of the Government's fast-track system, to speed up consent processing
     04 Jul: Central Otago's Cardona Hotel is on the market for the first time in more than a decade
     04 Jul: Tasman residents have been left with conflicting messages over what to do when mobile phones have no service
     04 Jul: The Prime Minister's placed the blame for the loss of a multi-million dollar satellite, squarely at the feet of the previous government
     03 Jul: A criminal defence lawyer isn't sure changing trespassing laws will significantly affect retail crime
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