Claire Trevett: NZ Herald political editor on Chris Hipkins' substantial pre-budget speech

Prime Minister Chris Hipkins delivered the first of several Budget speeches and announcements, ruling out new taxes. Hipkins stated there will be no capital gains or wealth tax in the Budget and no levy to cover the costs of Cyclone Gabrielle. NZ Herald political editor Claire Trevett says Chris Hipkins delivered an unusually 'meaty' pre-budget speech, a first for this Prime Minister. Claire Trevett says Hipkins' speech was good in that it directly addressed the content from a recent IRD study and immediately dismissed a predicted capital gains tax. LISTEN ABOVESee omnystudio.com/listener for privacy information.