A view suggests says yesterday's Budget is highlighting New Zealand's fiscal realities.

It found more than 21-billion dollars in savings - including nearly 13-billion from its pay equity changes.

Despite the many cuts - the Government isn't forecasting New Zealand to return to a surplus until 2029.

Infometrics Principal Economist Brad Olsen told Mike Hosking reaching that will be touch and go.

He says the next few Budgets are likely to be the same, and it will probably get harder to reach that target -- meaning less spending, or something else, may be required.

LISTEN ABOVE

 

A view suggests says yesterday's Budget is highlighting New Zealand's fiscal realities.
It found more than 21-billion dollars in savings - including nearly 13-billion from its pay equity changes.
Despite the many cuts - the Government isn't forecasting New Zealand to return to a surplus until 2029.
Infometrics Principal Economist Brad Olsen told Mike Hosking reaching that will be touch and go.
He says the next few Budgets are likely to be the same, and it will probably get harder to reach that target -- meaning less spending, or something else, may be required.
LISTEN ABOVE
&nbsp;

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, 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,...

The Mike Hosking Breakfast

Brad Olsen: Infometrics Principal Economist talks Budget 2025 and whether the government can get back to surplus

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c7e77594-0d55-4896-a24b-b2e501402019/transcript