))
Jason Walls: Political Editor on the Government's expected surplus being pushed out to 2030
Manage episode 455909612 series 3382884
Вміст надано NZME and Newstalk ZB. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією NZME and Newstalk ZB або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
The Finance Minister's painting a grim picture of the economy, signalling her Government will further cut into the Public Service.
Treasury's opened its books for the half-year economic and fiscal update, showing the expected surplus has been pushed out from 2027 to beyond 2030.
Nicola Willis has adjusted the way the surplus is calculated, but says come Budget day next year, she'll be forced to make some tough decisions.
She says from now on the official measure of surplus —officially called the OBEGAL— will no longer take into consideration the $4.1 billion ACC deficit.
She's calling this new measure OBEGAL-X.
Political Editor Jason Walls told Matt Heath and Tyler Adams that in terms of the fiscals, things are looking worse than expected, but they’ve done a bit of “swanky PR”.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
1134 епізодів
Поширити
