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Jenee Tibshraeny: NZ Herald Wellington business editor on Nicola Willis' refusal to establish an independent unit to check on Government spending

Jenee Tibshraeny: NZ Herald Wellington business editor on Nicola Willis' refusal to establish an independent unit to check on Government spending

Heather du Plessis-Allan Drive · Newstalk ZB

July 3, 20242m 37s

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Show Notes

Finance Minister Nicola Willis isn’t receptive to calls for the establishment of an independent unit to check Treasury’s forecasts and ensure Government spending is sustainable.

The International Budget Partnership and Organisation for Economic Co-operation and Development (OECD) are among the organisations that believe New Zealand needs an institution that both costs policies and keeps tabs on the Government’s finances.

They argue it would provide more accountability and align New Zealand with the 80% of OECD countries that have such institutions.

NZ Herald Wellington business editor Jenee Tibshraeny explains why Nicola Willis has her doubts.

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Topics

businessmoneyeconomyFinance Minister Nicola Willis