Budget highlights oil and gas role in rebuilding economy

Tonight’s Federal Budget has reaffirmed the importance of increasing investment into the Australian economy and the vital and significant contribution the Australian oil and gas industry will play in supporting Australia’s economic recovery as it emerges from the COVID-19 pandemic.

APPEA Chief Executive Andrew McConville said the 2020 Budget acknowledged investment is a central pillar to recovery and the oil and gas industry has a clear plan to support the government in driving job creation, skills development and promoting domestic spending and investment across all industries.

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

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