Christopher Luxon: Prime Minister on the savings and tax cuts in the upcoming 2024 Budget
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
The level of the public service cuts needed to fund the Government’s tax cuts is becoming clear with more than 240 programmes scaled down or scrapped in Budget 2024.
Finance Minister Nicola Willis also revealed yesterday the Government’s drive to reduce public service spending could lead to 3900 job cuts, comprising about 2750 currently filled roles and about 1150 vacancies.
The Prime Minister says the Budget will deliver what they've been promising.
The coalition Government will release its first Budget this Thursday.
Christopher Luxon told Mike Hosking that it includes stopping wasteful spending to generate savings, and more money for frontline health, education, and law and order.
He says there's also tax relief for low and middle income working New Zealanders, which is important as it's been 14 years without tax relief and any adjustment to the tax thresholds.
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