Christopher Luxon is heading to his first Cabinet meeting today with a pledge to reduce the public service headcount and redirect resources to the new government's agenda.

The Prime Minister says he wants to find savings of 6.5% from the public sector.

JMI Wealth Director Andrew Kelleher told Mike Hosking that that's likely to push up unemployment and ease pressure on the tight labour market.

He says unemployment was already lifting before the election, but the change of government could contribute to that trend.

LISTEN ABOVE

Christopher Luxon is heading to his first Cabinet meeting today with a pledge to reduce the public service headcount and redirect resources to the new government's agenda. 
The Prime Minister says he wants to find savings of 6.5% from the public sector. 
JMI Wealth Director Andrew Kelleher told Mike Hosking that that's likely to push up unemployment and ease pressure on the tight labour market. 
He says unemployment was already lifting before the election, but the change of government could contribute to that trend. 
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...