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Nicola Willis: Finance Minister on Budget 2025, return to surplus, and New Zealand's growing debt problem

Nicola Willis: Finance Minister on Budget 2025, return to surplus, and New Zealand's growing debt problem

The Mike Hosking Breakfast · Newstalk ZB

May 22, 202510m 13s

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Show Notes

The Finance Minister is defending her budget and growth agenda, despite a surplus being some years away.

The Government's books aren't set to return to surplus until 2029.

Nicola Willis says that surplus is coming despite disruption on the world stage.

She told Mike Hosking alongside spending cuts they're also investing to encourage businesses to grow.

Willis says the biggest risk to getting back into surplus would be a slow down in the economy.

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Topics

NICOLA WILLISBUDGET 2025NZ ECONOMYgovt surplusGOVT DEFICITMIKE HOSKING