The state of New Zealand’s economy is a disappointment.
In a pre-Budget speech to the Employers and Manufacturers Association, Finance Minister Nicola Willis confirmed the Government had found savings to pay for tax cuts.
However, she warned that the books are still in a structural deficit, with spending outpacing tax revenue.
EMA CEO Brett O’Riley told Mike Hosking that while it was disappointing to hear how bad the economy has gotten; it’s heartening to know that there’s a long-term plan.
He said the early hints of the Government’s economic growth plan was encouraging to a lot of people in the audience.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
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.