The Government's trying to meet its fiscal targets by cutting spending in some areas
The Government's trying to meet its fiscal targets by cutting spending in some areas
29 August 2023
Finance Minister Grant Robertson's cutting public contractors and consultants spending, saying it'll save almost four-billion dollars over four years.
He says it will trim back programmes and limit future budget allowances.
Westpac Chief Economist Kelly Eckhold says the Government needs to show a return to surplus.
He says these changes help with achieving that, because Westpac's projections show it would otherwise be difficult to show a surplus before 2027.
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