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30 Dec 2025 7:42
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  •   Home > News > Politics

    The Finance Minister's confident enough money's left in the kete - for the things we need

    The Finance Minister's confident enough money's left in the kete - for the things we need


    Nicola Willis has today revealed a pared-back operating allowance for next month's Budget - of just 1.3 billion dollars.

    It's a plunge from the 2.4 billion Treasury forecast in the Half Year Update.

    Willis says she's reviewed tens of billions dollars' of Government spending - to find cuts.

    She says we've saved enough - so don't need to spend as much extra cash and do as much extra borrowing as would have been the case - and we're still on track to get the books back in balance.

    © 2025 Newstalk ZB, NZCity

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     Today's News

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    Law and Order:
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    Politics:
    Russia claims Ukraine tried to attack Putin residence in Novgorod with long-range drones 7:27

    Business:
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    Law and Order:
    Disgraced rich-lister James Wallace's Christchurch house - McLean's Mansion - could soon have a new owner 7:17

    Entertainment:
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    Cricket:
    Auckland have beaten the wet weather and Wellington in men's Super Smash T20 cricket after a five-wicket win at the Basin Reserve 5:47


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