Tuesday 9th May, 2017

The Treasurer announces his Budget plans tonight. Phil Dobbie talks to NAB’s Rodrigo Catril about what can we expect and how the markets might react? The government has already laid out the difference between good and bad debt. So, we can assume a lot of Trump-style infrastructure build as part of the good debt, but how will that influence their ability to return the budget to surplus? That, plus a good day for the US dollar, a bad day for everyone else – including the Euro, despite Macron's win.