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'Budget of Broken Promises': Labour critiques high debt predicted in the Budget

Author
Newstalk ZB,
Publish Date
Fri, 31 May 2024, 10:45am
 Photo / Mark Mitchell
Photo / Mark Mitchell

'Budget of Broken Promises': Labour critiques high debt predicted in the Budget

Author
Newstalk ZB,
Publish Date
Fri, 31 May 2024, 10:45am

The Finance Minister is defending the time it's going to take to get the Government's books back in the black. 

Nicola Willis says a surplus is expected in 2027-28. 

Labour's Finance Spokesperson, Barbara Edmonds, told Mike Hosking that Willis isn't delivering the direction she promised. 

She said that they’re borrowing way more than Labour would’ve at the end of the forecast period, and running larger deficits than Grant Robertson did, except for at the peak of Covid. 

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