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Willis warns of a ‘tight’ budget to come, but NZ should be going for productivity, not austerity

  • Written by Dennis Wesselbaum, Associate Professor, Department of Economics, University of Otago
Willis warns of a ‘tight’ budget to come, but NZ should be going for productivity, not austerityHagen Hopkins/Getty Images

Finance Minister Nicola Willis has warned her 2025 “Growth Budget” will be “one of the tightest budgets in a decade”, with plans to reduce spending by billions.

It’s clear New Zealand is following a global trend towards austerity by focusing on reducing government spending and lowering...

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