Best of Business

Nicola Willis: Finance Minister says more details will come regarding billion dollar pre-Budget allocation

7 min · 8. juni 2026
episode Nicola Willis: Finance Minister says more details will come regarding billion dollar pre-Budget allocation cover

Description

The Finance Minister is promising more detail is coming regarding a billion dollar pre-Budget allocation. The funding's been labelled 'secret spending' by Labour. Nicola Willis says this reflects the Government's provision for a potential capital to operating forecast change in transport spend - that can be subject to future decisions. "That is literally what it is, and we will be taking policy decisions on that over the next few weeks and months."  LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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episode Liam Dann: NZ Herald Business Editor at Large calls for bipartisan effort to reform KiwiSaver artwork

Liam Dann: NZ Herald Business Editor at Large calls for bipartisan effort to reform KiwiSaver

There's hopes compulsory KiwiSaver can help New Zealand catch up to Australia's economy.  The National Party is campaigning on making KiwiSaver mandatory for all workers, and for gradually raising the matching rate to six percent.  NZ Herald Business Editor at Large Liam Dann says he wants to see a bipartisan effort and for the Labour Party to get on board.  He says people will need to get used to that six percent figure.  "They're at higher levels than that in Australia - it's painful in the short term, but they do cope. And then, you move on and then you forget about it and you just look at that giant figure on your KiwiSaver statement." LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

4. juli 20266 min