Economist on Budget 2020: 'Govt betting on a fast economic recovery'

Author
Newstalk ZB,
Publish Date
Fri, 15 May 2020, 3:08PM
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Economist on Budget 2020: 'Govt betting on a fast economic recovery'

Author
Newstalk ZB,
Publish Date
Fri, 15 May 2020, 3:08PM

The Government is betting on a fast economic recovery, with its borrow big, spend big approach.

Westpac chief economist Dominick Stephens told Mike Hosking only time will tell if it's the right move.

"It was a bold move and probably the right move, but being bold has a lot of risks. 

"If the forecasts are wrong, history will judge this harshly."

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