Grim readings from the Treasury's half year economic and fiscal update.

The government's books will stay in the red until at least 2029, a year later than previously predicted. Although the government says it will aim to return to surplus a year earlier. 

Finance Minister Nicola Willis is blaming the opposition for the bad result, saying in the past five years Labour added more than $100 billion to our debt.

Labour's Finance Spokesperson Barbara Edmonds has pushed back.

LISTEN ABOVE

Grim readings from the Treasury's half year economic and fiscal update.
The government's books will stay in the red until at least 2029, a year later than previously predicted. Although the government says it will aim to return to surplus a year earlier.&nbsp;
Finance Minister Nicola Willis is blaming the opposition for the bad result, saying in the past five years Labour added more than $100 billion to our debt.
Labour's Finance Spokesperson Barbara Edmonds has pushed back.
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Barbara Edmonds: Labour Finance Spokesperson dosen't take blame for the worse than expected economic update

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f41e2135-71d3-48fc-9459-b2490117c9b9/transcript