Tag: government_debt
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Labour and Greens Attack ACT's Fiscal Plan as Seymour Denies Disability Cuts
ACT says its plan cuts debt by $12.4 billion with no new taxes, while Labour's Barbara Edmonds warns of $9.5 billion in cuts and 48,000 more people out of work.
Politics and GovernmentEconomyEmployment and LaborElectionGeneral PoliticsOther PartiesSocial IssuesEnergyBusinessFinancial Markets New Zealand Labour PartyBarbara EdmondsNational PartyACT Partyspending cutssuperannuationdisability supportDavid SeymourACT New ZealandFiscal PlanJobseeker SupportCarbon Tax RefundQiulae WongGreen PartyChlöe SwarbrickKiwiSaverdisabled peopleChristopher Luxonpublic service cutsNew Zealand electiongovernment debttax cuts
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Labour Pledges Fully Costed Fiscal Plan, Surplus by 2028/29
Labour says every election promise is fully costed and funded, keeping operating allowances at $2.4 billion and returning the books to surplus in 2028/29.
Politics and GovernmentBusinessLabour PartyEconomyElectionEmployment and Labor New Zealand Labour PartyChris HipkinsBarbara EdmondsFiscal PlanBudget 2026New Zealand economyGovernment debt
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Treasury Forecasts Smaller Deficits, 220,000 New Jobs as Economy Strengthens
New Zealand's pre-election fiscal update shows the deficit $3.4 billion smaller than forecast, with surpluses, falling debt and 220,000 more jobs predicted as Finance Minister Nicola Willis credits households and businesses.
Politics and GovernmentBusinessEconomyFederal GovernmentElectionFinancial MarketsEmployment and Labor Nicola WillisNew Zealand TreasuryPre-election Economic and Fiscal UpdateGovernment deficitNew Zealand economyGovernment debtJob creationNew Zealand Government
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Seymour Slams Labour's $4.3b Spending Pledge as 'Invoice for Future Generations'
ACT Leader David Seymour says Labour's $4.3 billion health and education infrastructure promise will pile more debt on Kiwi households, with $24.8 million a day already spent servicing interest.
Politics and GovernmentEconomyElectionGeneral PoliticsFederal Government David SeymourACT New ZealandChris HipkinsNew Zealand Labour Partygovernment debtpublic spendingNew Zealand economy
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Budget 2025: Government Prioritizes Fiscal Responsibility and Economic Growth
Finance Minister Nicola Willis announces reduced Budget 2025 operating allowance, emphasizing fiscal responsibility and economic growth amidst global uncertainty, with a focus on debt reduction and careful spending choices.
Politics and GovernmentBusinessEconomy Nicola WillisBudget 2025Economic GrowthFiscal ManagementGovernment DebtTreasury