There's less than a month to go until the 2025 Budget is unveiled - and the Finance Minister has been clear about the goals she aims to tackle.

Nicola Willis says New Zealand has been in a significant deficit since 2019, and she's determined to get back into surplus by 2027/2028.

She explained getting the country back into surplus will help to pay down debt.

"We're borrowing every day right now to keep our hospitals, schools and police going - but we can't do that forever as a country, we need to get the books back in balance."

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There's less than a month to go until the 2025 Budget is unveiled - and the Finance Minister has been clear about the goals she aims to tackle.
Nicola Willis says New Zealand has been in a significant deficit since 2019, and she's determined to get back into surplus by 2027/2028.
She explained getting the country back into surplus will help to pay down debt.
"We're borrowing every day right now to keep our hospitals, schools and police going - but we can't do that forever as a country, we need to get the books back in balance."
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.

Heather du Plessis-Allan Drive

Nicola Willis: Finance Minister unveils plan to bring down deficit in 2025 Budget

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a212238f-0dfb-46f8-b1b6-b2c70072417f/transcript