No one is likely to be completely satisfied with next week's Budget.

The public sector cutbacks have been continuing in the past 24 hours, with MSD confirming it's now cutting more than 700 roles and DOC confirming it will have more than 120 fewer staff.

Finance Minister Nicola Willis says more spending cuts will be necessary due to the ongoing structural deficit.

Former Finance Minister Steven Joyce told Mike Hosking that Willis is in a very tight position, with very little room to move.

He says the people arguing for major cutbacks to public expenditure won't think it’s going far enough, those wanting more funding for public services won't be satisfied, and many households won't get the tax cuts they were hoping for.

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No one is likely to be completely satisfied with next week's Budget. 
The public sector cutbacks have been continuing in the past 24 hours, with MSD confirming it's now cutting more than 700 roles and DOC confirming it will have more than 120 fewer staff. 
Finance Minister Nicola Willis says more spending cuts will be necessary due to the ongoing structural deficit. 
Former Finance Minister Steven Joyce told Mike Hosking that Willis is in a very tight position, with very little room to move. 
He says the people arguing for major cutbacks to public expenditure won't think it’s going far enough, those wanting more funding for public services won't be satisfied, and many households won't get the tax cuts they were hoping for. 
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,...

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