The SME Stream
The surplus train's left the station early in Budget news today, with the country expected to be out of deficit by 2028/29, a year ahead of predictions. Government Ministers are trumpeting that figure, alongside a focus on health and infrastructure. The Waikato Expressway will get 12 more kilometres, Whangarei a new hospital wing and new police stations are on the horizon for Whanganui and Greymouth. The biggest surprise is a tax on banks and insurers, worth roughly $50 million dollars a year. The bowel cancer screening age will lower to 56 by September and increased health funding aims to increase surgeries and reduce wait times. $450 million has been set aside for targeted support, in case the fuel crisis worsens. Finance Minister Nicola Willis says things are tough - but its not the time for lolly scrambles. She says the crisis is hitting many hard - but the country will bounce back with growth and increasing wages. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.
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