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Nicola Willis: Finance Minister unveils plan to bring down deficit in 2025 Budget

EPISODE · Apr 22, 2025 · 9 MIN

Nicola Willis: Finance Minister unveils plan to bring down deficit in 2025 Budget

from Best of Business · host Newstalk ZB

There's less than a month to go until the 2025 Budget is unveiled - and the Finance Minister has been clear about the goals she aims to tackle. Nicola Willis says New Zealand has been in a significant deficit since 2019, and she's determined to get back into surplus by 2027/2028. She explained getting the country back into surplus will help to pay down debt. "We're borrowing every day right now to keep our hospitals, schools and police going - but we can't do that forever as a country, we need to get the books back in balance." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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Nicola Willis: Finance Minister unveils plan to bring down deficit in 2025 Budget

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