Podcasts Other The Mike Hosking Breakfast Andrew Keller: Finance expert says the extra $4.8b of govt spending each year will put pressure on inflation, interest rates

Andrew Keller: Finance expert says the extra $4.8b of govt spending each year will put pressure on inflation, interest rates

Published: May 18, 2023, 7:52 p.m.

b'

Questions for the Government this morning, over whether its Budget could make the Government\'s balance sheet even worse.

\\n

The Budget includes removal of $5 prescription fees, the introduction of 20 hours free early childcare for two-year-olds, and public transport discounts for under 25s.

\\n

Finance Minister Grant Robertson is branding it a "back to basics" budget.

\\n

But JMI Wealth Director Andrew Keller told Mike Hosking the $4.8 billion of extra Government spending each year will put pressure on inflation and interest rates.

\\n

LISTEN ABOVE

\\n

\\xa0

See omnystudio.com/listener for privacy information.

'