The Finance Minister says the current Government plans to exercise caution around spending ahead of Budget 2024.

Thursday's Budget will still come with the promised tax cuts, but the main priorities for the Government are reducing inflation and interest rates.

Minister Nicola Willis says the last six years of the Labour Government resulted in tougher financial conditions - so being careful is key.

"The bit I'm always cautious about is anyone saying - the way to achieve greater growth is to just spend more Government money. We've had a Government who did that for six years, and it resulted in record inflation." 

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The Finance Minister says the current Government plans to exercise caution around spending ahead of Budget 2024.
Thursday's Budget will still come with the promised tax cuts, but the main priorities for the Government are reducing inflation and interest rates.
Minister Nicola Willis says the last six years of the Labour Government resulted in tougher financial conditions - so being careful is key.
"The bit I'm always cautious about is anyone saying - the way to achieve greater growth is to just spend more Government money. We've had a Government who did that for six years, and it resulted in record inflation." 
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.