Prime Minister Chris Luxon has warned less cash would be thrown around in this year's upcoming Budget amid ongoing economic turmoil.

Luxon told the audience at the pre-Budget BusinessNZ event that it's important for the Government to stay on track with their fiscal strategy as the election looms.

NZ Herald senior correspondent Katie Bradford says Luxon's speech is meant to signal to voters that his Government values stability and social cohesion.

"This is a very clear message he's trying to get out there - about how National is the party of sensible, stable planned approach going in here." 

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