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Pollies: Govt slashes operating allowance, cuts over $1b

Author
Newstalk ZB,
Publish Date
Wed, 30 Apr 2025, 9:33am
Photo / File
Photo / File

Pollies: Govt slashes operating allowance, cuts over $1b

Author
Newstalk ZB,
Publish Date
Wed, 30 Apr 2025, 9:33am

There will be further cuts to Government agency spending, to be diverted into priority areas. 

Finance Minister Nicola Willis confirmed a $1.3 billion operating allowance – plummeting from the $2.4 billion estimate. 

Willis says they've reviewed funding line-by-line. 

National’s Mark Mitchell told Mike Hosking they have to cut spending as the reality is the country went from $58 billion of debt in 2017 to $175 billion in 2024. 

He says we went from paying $3.6 billion in interest a year to $8.9 billion, and we cannot afford that. 

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