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Budget 2025: Surplus not on the cards until 2029

Author
Newstalk ZB,
Publish Date
Thu, 22 May 2025, 2:09pm
Prime Minister Christopher Luxon and Finance Minister Nicola Willis, who says that the Cabinet is yet to consider potential changes to ACC. Photo / Mark Mitchell
Prime Minister Christopher Luxon and Finance Minister Nicola Willis, who says that the Cabinet is yet to consider potential changes to ACC. Photo / Mark Mitchell

Budget 2025: Surplus not on the cards until 2029

Author
Newstalk ZB,
Publish Date
Thu, 22 May 2025, 2:09pm

As expected, the Government books remain in the red, with debt creeping higher. 

A surplus is not on the cards until 2029 - a wafer thin $214 million dollars. 

The Government currently owes $185 billion dollars, expected to reach almost 240 billion in the next four years. 

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