Labour releases fiscal plan, National to release theirs on Friday

Labour released their fiscal plan in Auckland on Wednesday. (Image: Dileepa Fonseka/BusinessDesk)

Wed, 27 Sep 2023

The stage is set for a showdown of fiscal plans by the week's end, with Labour releasing theirs on Wednesday and National promising to release their own on Friday. Finance minister Grant Robertson and Labour party leader Chris Hipkins released their fiscal plan at a press conference at the Cordis Hotel in Auckland on Wednesday morning, fielding questions about whether enough had been set aside for unexpected events and whether debt was being repaid fast enough. Labour plans to spend $29.8 billion over the four-year forecas...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Credit Card

Cardholder's name

Yearly - (Save $179 compared to monthly) $349.00

Monthly $44.00

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

Markets

'Don't change your approach as markets move'

Two fund managers explain how they're working through the tariff turmoil.

Rebecca Stevenson 5:00am

Economy

Trade war means slight chance RBNZ cuts by 50bps

Economists expect a lower OCR.

Rebecca Howard 5:00am

Trade war means slight chance RBNZ cuts by 50bps

Economy

'The Great Privatisation': a NZ perspective

KMPG partner sees value in considering asset recycling to fund new infrastructure.

Oliver Lewis 5:00am

'The Great Privatisation': a NZ perspective

Sponsored

Go beyond reporting zero emissions

Clean energy that helps businesses and communities thrive

Meridian Energy

Sponsored

New life in property market

Tax rule changes are bringing back mum-and-dad investors.

Fletcher Living

More Politics

Policy

Airfare reporting not ready for takeoff

Airport group says transparency measure should have a chilling effect on fares.

Oliver Lewis 5:00am

News in Brief

David Parker leaving Parliament

Long-serving Labour MP David Parker is retiring from Parliament.Over 23 years, Parker served in many senior roles in Government and Opposition and was a key policy thinker for Labour.His ministerial roles included Attorney-General and Minister of Trade, Revenue, Economic Developm...

Ian Llewellyn 08 Apr 2025