News | Business
3 Jan 2026 5:39
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Treasury warned the Finance Minister - for caution over National's campaign cancer drugs promise

    Treasury warned the Finance Minister - for caution over National's campaign cancer drugs promise


    Just-released Budget documents reveal advice the 116-million-dollars saved by bringing back prescription co-payments was nowhere near enough to fund the treatments.

    Officials also found the policy would undermine the independent model of drug-buying agency Pharmac.

    The cash for cancer drugs was noticeably absent on Budget day - sparking widespread backlash from patients.

    The coalition later committed more than 600-million-dollars of future spending to boost Pharmac's budget and fund up to 26 cancer drugs.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     02 Jan: Horowhenua District Council's providing financial assistance for locals impacted by last Sunday's severe weather
     02 Jan: Fire and Emergency received 15 calls between 12pm and one - as crews took strike action
     02 Jan: Authorities are working to get to the bottom of a major cyber security breach which may have exposed the personal health data of tens of thousands of Kiwis
     01 Jan: Major electricity companies are taking a big step today, towards protecting national energy security
     01 Jan: Hopes the new vocational education model kicking in from today will put industry in the driver's seat
     01 Jan: New agreements take effect today - for a strategic coal reserve stockpile at Huntly Power Station
     31 Dec: A gang of thieves has made off with tens of millions of euros - after drilling into a German bank vault in a daring holiday heist
     Top Stories

    RUGBY RUGBY
    Wellington Blaze coach Jonny Bassett-Graham is certain Georgia Plimmer can maintain her great form...even without opening partner Amelia Kerr More...


    BUSINESS BUSINESS
    Horowhenua District Council's providing financial assistance for locals impacted by last Sunday's severe weather More...



     Today's News

    Accident and Emergency:
    A person has serious injuries after a two vehicle crash in Northland's Cove Road in Waipu this evening 21:56

    Law and Order:
    Two men and two teenage boys have been apprehended after an aggravated robbery, and an over 100 kilometre chase in Thames 21:16

    International:
    Donald Trump gave a wide-ranging interview about his health. Here's what we learned 19:56

    Business:
    Horowhenua District Council's providing financial assistance for locals impacted by last Sunday's severe weather 18:56

    Environment:
    Crans-Montana ski resort fire witnesses recall how the tragic blaze unfolded 18:46

    Environment:
    Parts of the North Island should brace for thunderstorms tonight 18:36

    International:
    Walking with Moai: Unlocking the mysteries of Easter Island stone statues 18:07

    Soccer:
    The Wellington Phoenix are striving to keep calm as their tough season approaches make-or-break time 18:06

    Cricket:
    A washout in the men's Twenty20 Super Smash game between Auckland and Wellington at Eden Park outer oval 17:56

    Soccer:
    Embattled Wellington Phoenix coach Giancarlo Italiano is expecting his players to fire up this weekend 17:27


     News Search






    Power Search


    © 2026 New Zealand City Ltd