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Growth or austerity? Unpacking Budget 2025 and what it means for you

Growth or austerity? Unpacking Budget 2025 and what it means for you

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The coalition Government has unveiled its second Budget.

Over 20 billion dollars in savings has been found over the next four years, more than half from controversial changes to our pay equity scheme.

There are changes to KiwiSaver contributions, means testing for support for parents, and a major new tax incentive for businesses.

Finance Minister Nicola Willis said that it is a “responsible budget”, while Labour has called it an ‘austerity budget’ that leaves women out and is stealing from our kids.

To break down what this all means for you, today on The Front Page, we’re joined by NZ Herald business editor at large, Liam Dann.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Sound Engineer/Producer: Richard Martin
Producer: Ethan Sills

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

See omnystudio.com/listener for privacy information.

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