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2 Mar 2026 19:02
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  •   Home > News > Business

    A former finance minister says there's growing public appetite for more public sector restraint

    A former finance minister says there's growing public appetite for more public sector restraint


    The Government's ruling out giving most departments any additional funding in next month's Budget, as it now works to get back in the black by 2029.

    Steven Joyce says reaching that target will depend, a lot, on the international economy.

    But he says there are still lots of changes that can be made to bring down government spending.

    Joyce says making those changes requires a bit of work, and requires ministers having a good political radar and knowing what can't be cut.

    © 2026 Newstalk ZB, NZCity

     Other Business News
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     02 Mar: A warning Dunedin's Forsyth Barr Stadium is in a financially unsustainable position
     02 Mar: Rates are set to rise in Dunedin - as the city council releases its draft Annual Plan
     28 Feb: It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector
     28 Feb: The average Auckland ratepayer will be paying an average of 320 dollars more a year, if the council's annual plan passes
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    Foodstuffs is again trying to bring its North and South Island operations under one roof - after failing two years ago More...



     Today's News

    Cricket:
    Black Caps coach Rob Walter is grateful their subcontinent travels at the T20 World Cup are not done yet 18:57

    Rugby:
    A new job for Kiwi rugby coach Wayne Pivac 18:37

    Living & Travel:
    Last total lunar eclipse until 2029 is coming tomorrow – don’t miss it 18:17

    International:
    Iran's next supreme leader may have been waiting for this moment to rise 18:17

    Rugby League:
    Warriors halfback Luke Metcalf has declared his comeback to the NRL on track but is refusing to narrow down a date 18:07

    National:
    Strait of Hormuz: if the Iran conflict shuts world’s most important oil chokepoint, global economic chaos could follow 18:07

    Business:
    Foodstuffs is again trying to bring its North and South Island operations under one roof - after failing two years ago 18:07

    Law and Order:
    St John wants harsher penalties for assaults against first responders - after a weekend of attacks and threats towards staff - and damage to ambulances 17:27

    Health & Safety:
    Criticism of Bay of Plenty's Opioid Treatment Service - after a man died six weeks after being rapidly cut off from methadone 16:17

    Living & Travel:
    Booked to travel through the Middle East? Here’s why you shouldn’t cancel your flight 16:07


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