ZB

The Huddle: Has the Government delivered with Budget 2021?

Author
Newstalk ZB,
Publish Date
Thu, 20 May 2021, 7:57pm
Budget 2021. (Photo / Aaron Dahmen)
Budget 2021. (Photo / Aaron Dahmen)

The Huddle: Has the Government delivered with Budget 2021?

Author
Newstalk ZB,
Publish Date
Thu, 20 May 2021, 7:57pm

The Act Party's leader has labelled the 2021 Budget the "la la budget".

David Seymour says the Government must have been in la la land and unaware of its circumstances when it created the budget.

He says Labour has the benefit of record low interest rates, an official cash rate of 0.25 per cent and booming milk export prices.

Yet he says, we're taking on Government debt to the point where New Zealand's average household will have $95,000 in Government debt to their name.

However, former Labour Party campaign manager Hayden Munro says that the Budget delivered the "ruby red" elements that one would expect from a majority Labour Budget. 

The two joined The Huddle with Heather du Plessis-Allan to discuss the highs, lows and everything in between in the Budget.

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