The government unveiled it’s wellbeing budget for 2021 - Securing our recovery yesterday.

PM Rt Hon Jacinda Ardern said Budget 2021 represents not only our plan for New Zealand’s recovery but our plan for the future.

While Finance Minister Hon Grant Robertson said We are still at a difficult period in the recovery from COVID-19. The world faces third and fourth waves of the virus, and every economic forecast talks of ‘uncertainty’ and ‘volatility’. There is hope on the horizon in the form of the global rollout of the vaccine but we are some way off a return to normality, and in turn that has an impact on sectors such as tourism that are significant in our economy.  

For more analysis, we’re joined now by Satish Ranchhod, Senior economist with Westpac Bank.

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