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23 Jan 2026 22:12
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  •   Home > News > Politics

    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

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     23 Jan: An ex Christchurch Boys' High School teacher has been awarded 25-thousand dollars in compensation, despite losing her unjustified dismissal case
     23 Jan: A high police presence will be visible in Masterton today for a gang-related funeral
     22 Jan: Prime Minister Chris Luxon says the weather events of the past 48 hours have been a profound tragedy
     22 Jan: An admission this year's election will be down to the wire
     Top Stories

    RUGBY RUGBY
    All Blacks prop Tamaiti Williams denies player power was behind the early exit of coach Scott Robertson More...


    BUSINESS BUSINESS
    An expectation the official cash rate will be held steady as inflation is higher than expected More...



     Today's News

    Accident and Emergency:
    A person's been found dead at a Clutha address this evening - along with another person in a critical condition 21:57

    Christchurch:
    A pedestrian's seriously injured after being struck by a car on Christchurch's Riccarton Avenue about 10 to seven this evening 21:17

    International:
    Paris Hilton brings sex tape story to Washington for AI deepfake porn fight 21:07

    Environment:
    The Mount Maunganui tragedy reminds us landslides are NZ’s deadliest natural hazard 20:07

    Business:
    An expectation the official cash rate will be held steady as inflation is higher than expected 18:57

    Politics:
    Gloriavale's condemned private school is remaining open for the time being 18:37

    Environment:
    What is a landslide, how do they happen and where are they most common? 18:17

    Rugby:
    All Blacks prop Tamaiti Williams denies player power was behind the early exit of coach Scott Robertson 18:07

    Soccer:
    To football, and South Island United have claimed their first win in the Oceania Pro League 18:07

    Law and Order:
    Police want to hear from anyone who may have seen a 62-year-old man reported missing from the Invercargill area - last seen two weeks ago 17:27


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