The right-wing government aims to double military spending while cutting public healthcare, driving down wages, reducing ...

“Our hospitals and wider health system only got enough in this year’s Budget to keep the lights flickering,” Labour health spokesperson Ayesha Verrall said. “Health New Zealand ... are instead ...

It outlines changes to KiwiSaver and benefits. Tax breaks for businesses are included. The budget aims to balance cuts with new spending. Health, education, law and order, and defence will receive ...

The fiscal update forecasts the budget deficit will widen to around 12.1 billion New Zealand dollars, equivalent to US$7.2 billion, in fiscal 2026, up from a deficit of NZ$10.1 billion in fiscal 2025.

The New Zealand government warned Thursday further near-term budget deterioration with the country’s nascent economic ...

New Zealand’s government forecast a narrower budget deficit for the fiscal year ending June 30, 2025, as it focused on fiscal prudence even as the global tariff war is expected to dampen the ...

Ratings agency S&P said in a statement following the budget that New Zealand's elevated fiscal and current account deficits "are weaknesses that could weigh on the credit rating." New Zealand two ...

and the New Zealand Emissions Trading Scheme with net losses being $0.9 billion lower than forecast. The core Crown residual cash deficit of $5.3 billion was $1.7 billion lower than forecast.

Wellington: New Zealand’s government is facing deeper budget deficits and a delayed return to surplus as a prolonged economic downturn and poor productivity hit tax revenue. The operating ...

Dennis Wesselbaum does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...

There's less than a month to go until the 2025 Budget is unveiled - and ... Nicola Willis says New Zealand has been in a significant deficit since 2019, and she's determined to get back into ...