The Finance Minister is determined to grow the economy and ease the cost of living for struggling Kiwis as the Government outlines its next points of focus. 

The Government today unveiled its third quarterly priorities - focusing on law and order, the economy, public services and infrastructure.

Minister Nicola Willis says it's important for the Government to focus on making sustainable financial choices now.

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The Finance Minister is determined to grow the economy and ease the cost of living for struggling Kiwis as the Government outlines its next points of focus. 
The Government today unveiled its third quarterly priorities - focusing on law and order, the economy, public services and infrastructure.
Minister Nicola Willis says it's important for the Government to focus on making sustainable financial choices now.
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

Nicola Willis: Finance Minister unveils steps to ease cost of living as Government outlines third quarterly priorities

Finance Minister Nicola Willis isn’t receptive to calls for the establishment of an independent unit to check Treasury’s forecasts and ensure Government spending is sustainable.

The International Budget Partnership and Organisation for Economic Co-operation and Development (OECD) are among the organisations that believe New Zealand needs an institution that both costs policies and keeps tabs on the Government’s finances.

They argue it would provide more accountability and align New Zealand with the 80% of OECD countries that have such institutions.

NZ Herald Wellington business editor Jenee Tibshraeny explains why Nicola Willis has her doubts.

LISTEN ABOVE

Finance Minister Nicola Willis isn’t receptive to calls for the establishment of an independent unit to check Treasury’s forecasts and ensure Government spending is sustainable.
The International Budget Partnership and Organisation for Economic Co-operation and Development (OECD) are among the organisations that believe New Zealand needs an institution that both costs policies and keeps tabs on the Government’s finances.
They argue it would provide more accountability and align New Zealand with the 80% of OECD countries that have such institutions.
NZ Herald Wellington business editor Jenee Tibshraeny explains why Nicola Willis has her doubts.
LISTEN ABOVE

Jenee Tibshraeny: NZ Herald Wellington business editor on Nicola Willis' refusal to establish an independent unit to check on Government spending

There's increased efforts to position New Zealand on the world stage and make connections with the US.

Prime Minister Chris Luxon is jetting off to the NATO summit and meeting with officials in Washington next week.

He says he looks forward to forging stronger links with businesses and investors to help rebuild our economy.

Former US Ambassador Tim Groser says the timing couldn't be more tense or important.

"The key issue is what he's going to be able to perceive amongst the other leaders of NATO, given the confluence of the huge strategic threat from the Ukrainian situation and the resurgence of Donald Trump's chances of winning the presidency."

LISTEN ABOVE

There's increased efforts to position New Zealand on the world stage and make connections with the US.
Prime Minister Chris Luxon is jetting off to the NATO summit and meeting with officials in Washington next week.
He says he looks forward to forging stronger links with businesses and investors to help rebuild our economy.
Former US Ambassador Tim Groser says the timing couldn't be more tense or important.
"The key issue is what he's going to be able to perceive amongst the other leaders of NATO, given the confluence of the huge strategic threat from the Ukrainian situation and the resurgence of Donald Trump's chances of winning the presidency."
LISTEN ABOVE

Tim Groser: Former US ambassador on the significance of Luxon appearing at next week's NATO summit

House prices need to fall at least another 16 percent to become anything like affordable, one forecaster says.

According to the Real Estate Institute, prices remain 15.9 percent below their 2021 peak - but Housing Minister Chris Bishop has indicated they need to drop down more.

Infometrics Principal Economist Brad Olsen explains further.


LISTEN ABOVE

House prices need to fall at least another 16 percent to become anything like affordable, one forecaster says.
According to the Real Estate Institute, prices remain 15.9 percent below their 2021 peak - but Housing Minister Chris Bishop has indicated they need to drop down more.
Infometrics Principal Economist Brad Olsen explains further. 
LISTEN ABOVE

Nicola Willis: Finance Minister unveils steps to ease cost of living as Government outlines third quarterly priorities

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