The National Party leader, Simon Bridges says the Government should be putting health and jobs support spending ahead for new money for beneficiaries; and the Finance Minister Grant Robertson, says money will be flowing to businesses within five to six days of yesterday’s announcement and he utterly rejects Bridges criticism.
1.The National Party leader, Simon Bridges says the Government should be putting health and jobs support spending ahead for new money for beneficiaries. The Government’s economic stimulus package announced yesterday, includes a permanent increase of $25 a week for beneficiaries.
2.The Finance Minister Grant Robertson, says money will be flowing to businesses within five to six days of yesterday’s announcement and he utterly rejects Bridges criticism.
3.The ACT Party supports beneficiaries getting increased but wants it to be temporary. Its leader David Seymour wants a deadline on the increase.
4.Nations are pouring money into stimulus packages to counter the impact of the Covid-19 pandemic that has sent economies spinning towards recession. Global financial markets remain turbulent as a massive slowdown in economic activity as the coronavirus takes hold across Europe and the US.
5.India has closed its principal tourism site, the Taj Mahal and the financial hub of Mumbai has ordered officers providing non-essential services to keep half their staff at home.
6.The New Zealand and Australian Governments are recommending citizens abroad who wish to return home, do so as soon as possible because they may soon struggle to find a way back.
7.House sales could stall as the threat of a recession edges closer. ASB expects house prices to fall by half a percent in the June quarter and one percent in the September quarter.
8.The Health Minister David Clark, says he’s trusting clinicians to judge whether a patient should be tested for the coronavirus. The National Party says the criteria for deciding are too stringent and as a result, two few tests are being done.
