Return to surplus? Nicola Willis charts economic recovery
May 30, 2026•Channel
AI Analysis
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Video Overview
Video Details
Published1 week ago
Duration32:39
Video IDgXSCbR2Vl3M
Languageen
CategoryNews & Politics
PrivacyPublic
Made for KidsNo
Video TypeRegular Video
Performance Metrics
Views40.4K
Likes622
Comments763
Engagement Rate3.43%
Likes per 100 views1.54
Comments per 1K views18.89
Description
Finance Minister Nicola Willis delivered her third and final Budget Day speech for the parliamentary term this week. A Budget delivering investment in health, infrastructure and defence, the Minister has described it as "responsible" - while Opposition voices have criticised the lack of stimulus for ordinary New Zealanders facing cost-of-living pressures.
The big bonus is a forecast return to surplus in financial year 2028/29, one year earlier than previously forecast, using the government's favoured forecasting tool, OBEGALx.
Five months out from the general election, Nicola Willis joins Jack Tame to discuss the government's record on economic stewardship, why the new bank tax won't be passed onto consumers, and US Secretary of War Pete Hegseth's "freeloaders" comment on New Zealand's defence spending.
Join Jack Tame and the Q+A team and find the answers to the questions that matter. Made with the support of NZ on Air.