Luxon defends scrip subsidy repeal

Luxon defends scrip subsidy repeal
Christopher Luxon and Nicola Willis defended National's stance on prescription subsidies. (Image: Dileepa Fonseka/BusinessDesk)
Dileepa Fonseka
At a post-budget speech, Christopher Luxon has defended a plan to reimpose $5 prescription co-payment fees, while promising homeowners his party's fiscal plans would bring lower interest rates.Luxon said he wanted to be “really clear” about what his criticisms of the co-payment were centred on, clarifying he believed people with supergold or community services cards should not have to pay a $5 prescription fee.“I don’t think it makes a lot of sense that someone like me gets the benefit of free prescriptions, I think...

More Economy

US tariff risk less than expected for FPH, Jarden says
Economy

US tariff risk less than expected for FPH, Jarden says

Jarden says tariff-related impacts on earnings would be "nominal" by 2030.

John Anthony 04 Apr 2025
Iron sand project could deliver $265m GDP boost: NZIER
Economy

Iron sand project could deliver $265m GDP boost: NZIER

Iron sands mining in Taranaki could create 1365 jobs, NZIER report says.

John Anthony 04 Apr 2025
Trump’s tariffs may spur a more dovish RBNZ
Economy

Trump’s tariffs may spur a more dovish RBNZ

The risk appears more weighted to the RBNZ cutting the OCR further than otherwise.

Rebecca Howard 04 Apr 2025
NZX-listed companies take stock in wake of US tariff moves
Economy

NZX-listed companies take stock in wake of US tariff moves

Wine makers, manufacturers and others mull what trade wars will bring.

Ian Llewellyn 03 Apr 2025