The Finance Minister will today unveil the Government's long-awaited Budget Policy Statement.
The document will shed important light on the fiscal situation ahead of May's full Budget.
Nicola Willis has told Kiwis for weeks the financial situation is much worse than expected, and today she'll give clues on how bad it really is.
Darren Gibbs, a Senior Economist for Westpac, told Mike Hosking that they’ve very much telegraphed the economic situation, which is weaker than they envisioned at the half-year update.
He said that they’re not expecting to get explicit fiscal figures, but rather tea leaves they can sift through to get an idea of what to expect.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
Death, Sex & Money
Anna Sale explores the big questions and hard choices that are often left out of polite conversation.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.