Labour's staying tight-lipped on whether it would make more cuts to the public service if elected, but assures it's focused on protecting it.

The party's latest election promise sets out to achieve surplus by 2030, and reduce net debt to 20 percent of GDP over time.

It will aim to keep Government spending and revenue at around 33 percent of GDP once its Capital Gains Tax is fully implemented.

Finance and Economy spokesperson Barbara Edmonds joined the Weekend Collective to outline the plan further.

LISTEN ABOVE

Labour's staying tight-lipped on whether it would make more cuts to the public service if elected, but assures it's focused on protecting it.
The party's latest election promise sets out to achieve surplus by 2030, and reduce net debt to 20 percent of GDP over time.
It will aim to keep Government spending and revenue at around 33 percent of GDP once its Capital Gains Tax is fully implemented.
Finance and Economy spokesperson Barbara Edmonds joined the Weekend Collective to outline the plan further.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Barbara Edmonds: Labour finance spokesperson on the party outlining their new fiscal plan

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e911c5f3-c30a-4d83-bbbf-b4af003fe0d3/transcript