The race to splash the cash
Thursday 23rd July 2020 Europe’s done it, Australia’s done it. Now it’s the US’s turn to extend their fiscal support, and the deadline is looming. NAB’s David de Garis talks about the likely direction of the US fiscal package, with the President likely to want to spend more as infection rates rise and his support falls. He also talks about the significance of the deal in Europe – could this be the start of a new direction for the EU? Meanwhile, Josh Frydenberg presents the budget numbers for Australia today, Victoria presents their own budget and, tonight, the weekly jobless numbers for the US.