News | Business
29 Apr 2025 17:32
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

    The Finance Minister's ruling out more funding for most Government agencies and departments

    The Finance Minister's ruling out more funding for most Government agencies and departments


    Nicola Willis has revealed at a pre-budget speech in Lower Hutt, that she's cutting the operating allowance in next month's Budget, from 2.4 billion dollars to 1.3 billion.

    Fiscal forecasts, due out later this week, are expected to show the Government in surplus in 2029.

    Willis says there must be a strong case for any extra funding, outside key areas like frontline health, education, law and order, and defence.

    She says the Government will need to justify borrowing any extra money, that wouldn't be better spent on priority areas.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     29 Apr: Fonterra's announced it's planning to shut a Hamilton milk-powder packaging facility after July, with up to 120 jobs on the line
     29 Apr: The number of filled jobs rose 0.2 percent last month, more sharply in primary industries
     29 Apr: Major changes are on the way for Queenstown Airport
     29 Apr: Belief changes to certifications and inspections for builders -- is a step in the right direction
     28 Apr: David Seymour's labelling advice from his own Ministry for Regulation - pretty disappointing
     28 Apr: Vancouver SUV attack exposes crowd management falldowns and casts a pall on Canada’s election
     28 Apr: More than half of New Zealanders worry daily or weekly - about money
     Top Stories

    RUGBY RUGBY
    Les Kiss is expected to finally be confirmed as the next Wallabies coach tomorrow morning More...


    BUSINESS BUSINESS
    Fonterra's announced it's planning to shut a Hamilton milk-powder packaging facility after July, with up to 120 jobs on the line More...



     Today's News

    International:
    Mark Carney's ruling Liberal Party projected to win Canadian election, CBC says 17:07

    Business:
    Fonterra's announced it's planning to shut a Hamilton milk-powder packaging facility after July, with up to 120 jobs on the line 16:57

    Environment:
    A thunderstorm warning's been issued for Kaipara, the Far North and Whangarei, until 5.30 16:57

    Living & Travel:
    What is a Jubilee year and why is it significant to Catholics that the pope died during one? 16:27

    Boxing:
    To wait or not to wait 16:27

    Politics:
    The government plans to regulate carbon capture technologies – but who will be the regulating agency? 16:17

    Business:
    The number of filled jobs rose 0.2 percent last month, more sharply in primary industries 16:17

    National:
    Game change Canadian election: Mark Carney projected to have lead Liberals to their fourth consecutive win 16:07

    International:
    Stand-out moments from Trump's first 100 days — and what could come next 16:07

    Living & Travel:
    Auckland Airport plans to cater for up to 38 million passengers a year, by 2047 15:17


     News Search






    Power Search


    © 2025 New Zealand City Ltd