The Finance Minister's between a rock and hard place ahead of her budget. 

Moody's has downgraded New Zealand's economic outlook from stable to negative and Treasury officials are revisiting their economic forecasts.  

Nicola Willis says the Government shouldn't be spending more to deal with the fuel crisis, but austerity also isn't the answer. 

Former Treasury Secretary and NZ Initiative Senior Fellow Murray Horn told Mike Hosking borrowing more and more won't work.  

He says all that will do is delay the economic pain and make it worse. 

LISTEN ABOVE 

The Finance Minister's between a rock and hard place ahead of her budget.&nbsp;
Moody's has downgraded New Zealand's economic outlook from stable to negative and Treasury officials are revisiting their economic forecasts. &nbsp;
Nicola Willis says the Government shouldn't be spending more to deal with the fuel crisis, but austerity also isn't the answer.&nbsp;
Former Treasury Secretary and NZ Initiative Senior Fellow Murray Horn told Mike Hosking borrowing more and more won't work. &nbsp;
He says all that will do is delay the economic pain and make it worse.&nbsp;
LISTEN ABOVE&nbsp;

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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,...

The Mike Hosking Breakfast

Murray Horn: Former Treasury Secretary and NZ Initiative Senior Fellow on Treasury revising their economic forecasts amid oil shocks

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d4034eaf-5ab3-4c9c-a0aa-b43501500657/transcript