The Finance Minister will today unveil the Government's long-awaited Budget Policy Statement.

The document will shed important light on the fiscal situation ahead of May's full Budget.

Nicola Willis has told Kiwis for weeks the financial situation is much worse than expected, and today she'll give clues on how bad it really is.

Darren Gibbs, a Senior Economist for Westpac, told Mike Hosking that they’ve very much telegraphed the economic situation, which is weaker than they envisioned at the half-year update.

He said that they’re not expecting to get explicit fiscal figures, but rather tea leaves they can sift through to get an idea of what to expect.

LISTEN ABOVE

The Finance Minister will today unveil the Government's long-awaited Budget Policy Statement. 
The document will shed important light on the fiscal situation ahead of May's full Budget. 
Nicola Willis has told Kiwis for weeks the financial situation is much worse than expected, and today she'll give clues on how bad it really is. 
Darren Gibbs, a Senior Economist for Westpac, told Mike Hosking that they’ve very much telegraphed the economic situation, which is weaker than they envisioned at the half-year update. 
He said that they’re not expecting to get explicit fiscal figures, but rather tea leaves they can sift through to get an idea of what to expect. 
LISTEN ABOVE

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,...