New Zealand is experiencing rising child poverty, mental health problems, homelessness and drug abuse, brought about by years of austerity.

The right-wing government aims to double military spending while cutting public healthcare, driving down wages, reducing ...

“Our hospitals and wider health system only got enough in this year’s Budget to keep the lights flickering,” Labour health spokesperson Ayesha Verrall said. “Health New Zealand ... are instead ...

4, 2024. (NZDF) WELLINGTON, New Zealand — New Zealand’s 2025 Budget, released this week, is slated to bring defense spending to NZ$4.2 billion (US$2.4 bn), Defence Minister Judith Collins ...

The Budget deficit left by the previous Government is structural – it is not simply due to the state of the economy. In other words, the last Government was living beyond its means – loading up the ...

New Zealand budget 2025: It outlines changes to KiwiSaver and benefits ... the government is expected to stay in deficit until 2028, with a narrow ($200m) surplus forecast for 2029. However, by the ...

A Turning Point for New Zealand’s Infrastructure With Budget 2025, the coalition Government has signalled a robust commitment to rectifying New Zealand’s “massive infrastructure deficit” and preparing ...

The New Zealand Taxpayers’ Union is slamming Budget 2025 as a waste of time and ... Willis has had to make up a new measure to exclude the ACC deficit to create an illusion of a laughably ...

New Zealand will post a $14.7 billion deficit next year and stay in the red for at least another four years according to gloomy forecasts in its latest budget.

In the latest New Zealand budget released on Thursday, the government has allocated new spending and "re-prioritised" funds to boost learning support services in schools by nearly $600 million ...

introduce some new ones and add more than $3 trillion to the deficit — based on figures from the Congressional Budget Office — weighed on the market. The S&P 500 was roughly flat in early trading.