the podcast on
The Finance Minister says the current Government plans to exercise caution around spending ahead of Budget 2024.
Thursday's Budget will still come with the promised tax cuts, but the main priorities for the Government are reducing inflation and interest rates.
Minister Nicola Willis says the last six years of the Labour Government resulted in tougher financial conditions - so being careful is key.
"The bit I'm always cautious about is anyone saying - the way to achieve greater growth is to just spend more Government money. We've had a Government who did that for six years, and it resulted in record inflation."听
LISTEN ABOVE
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- Claire Trevett: What surprises await us ahead of Budget 2024?
- In Budget balancing act, what business wants to see
- 'We have a job to do': Finance Minister Willis aims to tackle NZ's structural deficit in Budget 2024
- Budget 2024: Nicola Willis agrees with OECD findings
- Nicola Willis promises Budget 2024 will address economic fundamentals
- Almost every Kiwi household will benefit from tax relief, Finance Minister promises
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