Budget 2025: Banking on a boost from investment

Finance Minister Nicola Willis says its a responsible budget. (Image: BusinessDesk)

Thu, 22 May 2025

Budget 2025 is “responsible” and aimed at securing New Zealand’s future, said Finance Minister Nicola Willis. The Budget is a “deliberate, medium-term approach to fiscal consolidation,” she said. Budget 2025 contains a series of measures, including what she called “Investment Boost” to raise productivity and growth.Investment Boost is a new tax incentive to increase capital investment in NZ.It allows a business to immediately deduct 20% of the cost of a new assets from its taxable income on t...

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