Nats shave spending to promise slightly lower govt debt

Nats shave spending to promise slightly lower govt debt
National's finance spokeswoman, Nicola Willis. (Image: NZME)
Pattrick Smellie
A National party-led government will deliver a pre-Christmas mini-budget to kick off 6.5% spending cuts that it would require from back-office or non-essential programmes, National's shadow finance minister, Nicola Willis, announced.She made the pledge at the publication of National's updated fiscal plan to deliver a $3.4 billion improvement in government debt levels and slightly larger fiscal surpluses than the Treasury forecasts in last week’s pre-election economic and fiscal update.National’s much-awaited “fiscal pl...

More Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold
Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold

Wharekirauponga Underground is one of the Government's fast-track projects.

Greg Hurrell 12 Dec 2024
Card spending eases in November vs October
Retail

Card spending eases in November vs October

But there is cheer for the hospitality industry. 

NZers fear RBNZ's digital currency plan's privacy risks
Economy

NZers fear RBNZ's digital currency plan's privacy risks

The biggest concern about digital cash is the potential for Government control.

Rebecca Howard 10 Dec 2024
RBA set to keep rates steady while growth concerns linger
Finance

RBA set to keep rates steady while growth concerns linger

The central bank’s policy meeting is slated for Tuesday