No one is likely to be completely satisfied with next week's Budget.
The public sector cutbacks have been continuing in the past 24 hours, with MSD confirming it's now cutting more than 700 roles and DOC confirming it will have more than 120 fewer staff.
Finance Minister Nicola Willis says more spending cuts will be necessary due to the ongoing structural deficit.
Former Finance Minister Steven Joyce told Mike Hosking that Willis is in a very tight position, with very little room to move.
He says the people arguing for major cutbacks to public expenditure won't think it’s going far enough, those wanting more funding for public services won't be satisfied, and many households won't get the tax cuts they were hoping for.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
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.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.