Miles Workman: ANZ Senior Economist said further spending cuts could be in line
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
The new government's increasing the Working for Families rates.
The tax credits will rise $8 to $144 after tax for their first child, and by $6 for subsequent children.
Finance Minister Nicola Willis says there'll be a mini budget December 20th.
ANZ senior economist Miles Workman told Tim Dower that further spending cuts could be in line to maintain a fiscal balance and eventual surplus.
He says the previous government increased spending by a very significant amount during Covid-19, and never unwound it despite the economy becoming overheated.
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