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1 Jun 2024 11:25
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  •   Home > News > Business

    The Finance Minister has ruled out an austerity Budget

    The Finance Minister has ruled out an austerity Budget

    9 May 2024
    Nicola Willis has set the mood ahead of this month's reveal, speaking this morning to the Hutt Valley Business Chamber.

    She says now's not the time for the Government to sweep up more of people's incomes - so New Zealanders shouldn't expect a big spend.

    But she says it's also not time for austerity - because it would be devastating to give up on tax relief or drastically cut back public services.

    The Greens' Chloe Swarbrick says people can expect tax cuts in the form of crumbs - except those who make a living from renting out homes.

    © 2024 Newstalk ZB, NZCity


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     Today's News

    Entertainment:
    Nikki Reed doesn't have "a lot of time for [herself] right now" 11:17

    Business:
    Donald Trump plans appeal after hush money verdict, Joe Biden slams 'dangerous' claim trial was 'rigged' 11:17

    Rugby:
    A nervy wait for the Crusaders as they look to secure their spot in Super Rugby's top eight 11:07

    Golf:
    Ryan Fox is in a share of the lead at the midway point of the PGA Tour's Canadian golf Open in Ontario 11:07

    Entertainment:
    Bebe Rexha has been struggling with painful cysts, acne and weight gain in her battle with PCOS 10:47

    Living & Travel:
    Former world heavyweight boxing champion Mike Tyson's fight with Youtuber Jake Paul has been postponed 10:47

    Hockey:
    The Black Sticks Men have downed Poland 4-2, earning maximum points in their opening FIH Nations Cup hockey match 10:37

    Living & Travel:
    Winter Games New Zealand are championing the tourism and economic benefits of hosting two FIS World Cups in Queenstown and Wanaka 10:27

    Entertainment:
    Jenna Dewan is heartbroken after the death of her dog Meeka 10:17

    Law and Order:
    A guide to Donald Trump's other criminal court cases following his guilty verdict in hush money trial 10:07


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