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22 Mar 2025 1:59
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  •   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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     21 Mar: The Warehouse Group's slight shift in fortunes is proving encouraging, although the business admits there is still work to do
     21 Mar: Some parts of the economy may be out of recession, but others are not
     21 Mar: Hard work ahead for the Warehouse Group, despite promising shoots emerging from its latest financials
     21 Mar: The Council of Trade Unions says continued economic growth isn't a given
     21 Mar: The whole economy is expected to feel the positives coming out of the dairy sector
     21 Mar: One of our largest retailers believes it's starting to turn a corner
     21 Mar: Kiwifruit marketer Zespri is forecasting strong returns for growers
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     Today's News

    Living & Travel:
    Rubbish piles in streets, rats on the loose in UK’s second-biggest city as bin strike continues 23:27

    Cricket:
    The weird dimensions of Eden Park will be top of mind when New Zealand faces Pakistan in this evening's third T20 international 21:57

    Entertainment:
    Marcus Jordan has admitted he needs help to overcome his "challenges" with substance abuse and alcohol 21:44

    Accident and Emergency:
    Five people are injured - one critically - after a crash in southern Waikato 21:17

    Entertainment:
    Cate Blanchett's son was "really upset" that her 'Lord of the Rings' doll did not have underwear 21:14

    Entertainment:
    Demi Moore shared a heartfelt tribute to ex-husband Bruce Willis on his 70th birthday 20:44

    Entertainment:
    Bella Ramsey found being diagnosed with autism "freeing" 20:14

    Entertainment:
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    International:
    Dermatologists share their verdict on beef tallow in skincare 19:27

    Entertainment:
    Dolly Parton was honoured with two emotional musical tributes at 'Opry 100: A Live Celebration' 19:14


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