Business of Government: budget cuts, HUD gets the tick, and more...

Business of Government: budget cuts, HUD gets the tick, and more...
Yes, Minister! New rules prescribe against some common time-wasting tactics. (Image: Getty)
Jem Traylen
Trim, cut or slash?Labour is trimming agency budgets by the 1% to 2% ($1.4 billion) it says is needed to keep a lid on borrowing and return the books to surplus in the 2026-27 financial year.That’s on top of another $1.4b of unspent money it identified for “immediate savings” and a further $1b haircut to the operational allowance that covers cost pressures and new initiatives.Labour says this is all the fat that’s left to trim before you start impacting public services.The challenge for a re-elected Labour will be to kee...

More Policy

Productivity Commission on NZ's productivity dilemma
Economy Opinion

Ganesh Nana: Productivity Commission on NZ's productivity dilemma

The soon-to-be-dissolved organisation ponders why NZ lags behind others.

Ganesh Nana 23 Feb 2024
$1m cashflow hit on Bachcare from looming app tax
Economy

$1m cashflow hit on Bachcare from looming app tax

Expert warns small players may be bumped as platforms scramble to meet April tax deadline.

Minister expects tough talks on agriculture at WTO forum
Policy

Minister expects tough talks on agriculture at WTO forum

Trade minister Todd McClay will be chairing talks on balancing trade and food security.

Greg Hurrell 23 Feb 2024
Government to repeal Business Payment Act
Policy

Government to repeal Business Payment Act

Scheme doesn't work, as evidenced by the Australian experience, Andrew Bayly says.

Staff reporters 22 Feb 2024