The Finance Minister says New Zealand's inflation situation is very different to Australia's. 

Across the ditch, the rate's surged from 3.7% in February to 4.6% in March. 

Our headline rate was unchanged at 3.1% in the March quarter, but economists expect it to approach 4.5% for June. 

Nicola Willis told Mike Hosking Australia was experiencing higher inflation before the fuel crisis, in part due to government spending. 

She says she wants to be diplomatic, but the Australian Government is stimulating the economy more through its higher spending. 

LISTEN ABOVE  

The Finance Minister says New Zealand's inflation situation is very different to Australia's.&nbsp;
Across the ditch, the rate's surged from 3.7% in February to 4.6% in March.&nbsp;
Our headline rate was unchanged at 3.1% in the March quarter, but economists expect it to approach 4.5% for June.&nbsp;
Nicola Willis told Mike Hosking Australia was experiencing higher inflation before the fuel crisis, in part due to government spending.&nbsp;
She says she wants to be diplomatic, but the Australian Government is stimulating the economy more through its higher spending.&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,...

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Nicola Willis: Finance Minister on Australia's inflation rate and what's in line for New Zealand

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/63cc02f0-e4a1-4a65-8196-b43b0149e9a2/transcript