ZB ZB
Opinion
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Explained: Did the Government leave a $700m hole in the Budget?

Author
Newstalk ZB,
Publish Date
Mon, 26 May 2025, 5:40pm
Photo / File
Photo / File

Explained: Did the Government leave a $700m hole in the Budget?

Author
Newstalk ZB,
Publish Date
Mon, 26 May 2025, 5:40pm

Infometrics' Principal Economist says the Government's not entirely ignoring the lack of budget funding allocated for lifting KiwiSaver employer contributions. 

The Greens say the Government hasn't accounted for the cost to public services, which could cost more than $700 hundred million. 

Finance Minister Nicola Willis says that's being worked on - and will be in next year's Budget. 

Brad Olsen says the hole wasn't costed, but hasn't been forgotten. 

"There is a cost - it will have to be met, but it's not being directly disclosed in the Budget figures."

LISTEN ABOVE

Take your Radio, Podcasts and Music with you