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Government spending

Nicola Willis delivered on most of her promises but faces extremely tight budgets for years to come
31st May 24, 6:36am
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Nicola Willis delivered on most of her promises but faces extremely tight budgets for years to come
Treasury forecasts show weak economic growth will keep the Crown accounts in deficit until 2028 and add $50 billion to the national debt
30th May 24, 2:01pm
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Treasury forecasts show weak economic growth will keep the Crown accounts in deficit until 2028 and add $50 billion to the national debt
The Budget should reveal tax cut details and a spending plan showing a surplus in 2028
30th May 24, 6:36am
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The Budget should reveal tax cut details and a spending plan showing a surplus in 2028
Finance Minister Nicola Willis will use Budget 2024 to rein in government spending after the pandemic-era boost
29th May 24, 5:00am
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Finance Minister Nicola Willis will use Budget 2024 to rein in government spending after the pandemic-era boost
A short-sighted Budget 2024 will leave 'deep economic scars' for the next Labour Government to fix, finance spokesperson Barbara Edmonds says
21st May 24, 10:24am
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A short-sighted Budget 2024 will leave 'deep economic scars' for the next Labour Government to fix, finance spokesperson Barbara Edmonds says
Crown housing agency may have to bid against private housing providers to secure funding for future state homes
21st May 24, 7:49am
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Crown housing agency may have to bid against private housing providers to secure funding for future state homes
Prime Minister Christopher Luxon says Budget 2024 will not contain any unexpected ‘bells and whistles’
15th May 24, 3:25pm
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Prime Minister Christopher Luxon says Budget 2024 will not contain any unexpected ‘bells and whistles’
Treasury advice released this week warned the Coalition Government it would struggle to fund its election promises without raising tax revenues
15th May 24, 7:44am
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Treasury advice released this week warned the Coalition Government it would struggle to fund its election promises without raising tax revenues
New Zealand Defence Force and the Ministry of Foreign Affairs will get more money in Budget 2024 due to the 'increasingly unstable world’
11th May 24, 9:10am
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New Zealand Defence Force and the Ministry of Foreign Affairs will get more money in Budget 2024 due to the 'increasingly unstable world’
Budget 2024 will neither be 'big spending' nor 'austerity' according to Finance Minister Nicola Willis
9th May 24, 11:13am
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Budget 2024 will neither be 'big spending' nor 'austerity' according to Finance Minister Nicola Willis
The full force of monetary policy has yet to be felt in the New Zealand economy and will arrive alongside a pull-back in public spending later this year
8th May 24, 7:50am
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The full force of monetary policy has yet to be felt in the New Zealand economy and will arrive alongside a pull-back in public spending later this year
Government revenue is tracking $1.6 billion below forecast as Budget 2024 approaches
7th May 24, 11:08am
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Government revenue is tracking $1.6 billion below forecast as Budget 2024 approaches
Nicola Willis is considering a new fiscal rule and independent watchdog after recommendations by the OECD
7th May 24, 6:45am
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Nicola Willis is considering a new fiscal rule and independent watchdog after recommendations by the OECD
Speaking on the Of Interest Podcast, Labour finance spokesperson Barbara Edmonds says she would have supported further spending cuts to protect lunches in schools and public transport subsidies
13th Apr 24, 9:57am
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Speaking on the Of Interest Podcast, Labour finance spokesperson Barbara Edmonds says she would have supported further spending cuts to protect lunches in schools and public transport subsidies
Finance Minister Nicola Willis admits New Zealand’s current debt levels are prudent but says they shouldn’t be allowed to rise
11th Apr 24, 12:28pm
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Finance Minister Nicola Willis admits New Zealand’s current debt levels are prudent but says they shouldn’t be allowed to rise
Finance Minister Nicola Willis is right to bring down Government spending slowly and should ignore counter-productive calls to move faster
29th Mar 24, 10:00am
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Finance Minister Nicola Willis is right to bring down Government spending slowly and should ignore counter-productive calls to move faster
Budget Policy Statement shows the Coalition Government needs to rethink its fiscal plan to prevent deficits from stretching past 2028
27th Mar 24, 3:48pm
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Budget Policy Statement shows the Coalition Government needs to rethink its fiscal plan to prevent deficits from stretching past 2028
Finance Minister Nicola Willis faces surplus slipping beyond 2028 as economic forecast worsens
27th Mar 24, 1:27pm
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Finance Minister Nicola Willis faces surplus slipping beyond 2028 as economic forecast worsens
The Budget Policy Statement will likely show the Government getting to an operating surplus one year later than hoped
24th Mar 24, 6:01am
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The Budget Policy Statement will likely show the Government getting to an operating surplus one year later than hoped
The Coalition Government has delivered on its 100 day promises but faces much bigger challenges ahead
9th Mar 24, 9:10am
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The Coalition Government has delivered on its 100 day promises but faces much bigger challenges ahead
New Zealand used its fiscal firepower while the economy was booming and will now cut spending in the middle of a recession, accentuating the downturn
4th Mar 24, 7:31am
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New Zealand used its fiscal firepower while the economy was booming and will now cut spending in the middle of a recession, accentuating the downturn
Finance Minister Nicola Willis says higher interest rates and rising unemployment could mean the Government has less money to work with in the next budget
15th Feb 24, 10:52am
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Finance Minister Nicola Willis says higher interest rates and rising unemployment could mean the Government has less money to work with in the next budget
Treasury advised the new Finance Minister to stick to the fiscal rules and explore possible tax reforms
5th Feb 24, 12:31pm
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Treasury advised the new Finance Minister to stick to the fiscal rules and explore possible tax reforms
Crown accounts for November show revenue doing better than forecast in the half-year update
25th Jan 24, 12:13pm
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Crown accounts for November show revenue doing better than forecast in the half-year update
Finance Minister Nicola Willis wants Treasury to report fiscal risks more clearly
20th Dec 23, 6:15pm
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Finance Minister Nicola Willis wants Treasury to report fiscal risks more clearly