Jenee Tibshraeny: NZ Herald Wellington business editor on the 'sobering reality check' of the Government's Budget Policy Statement - Heather du Plessis-Allan Drive

One expert has labelled the Government's Budget Policy Statement a 'sobering reality check' with no surprises.

The Finance Minister says a surplus is unlikely to happen by 2026/27 and Treasury has warned the economy will slow down- forcing the Government to borrow more.

NZ Herald Wellington business editor Jenee Tibshraeny unpacks what this could mean for the proposed tax cuts.

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