Podcasts about nicola willis

The Finance Minister says revelations she wanted to keep numbers attending this year's Budget lock-up more restricted than she suggested is a mountain out a of molehill. After a wave of criticism directed at Treasury for restricting lock-up numbers - Nicola Willis said she stepped in to enable more people in. An extra 30 people were added to the list. But new OIA documents show it was actually Willis who pushed for tighter restrictions She says she had initially opted to stick to the same approach for the Budget, as had been used for the half-yearly fiscal update. LISTEN ABOVESee omnystudio.com/listener for privacy information.

On today's First Up pod: In South Korea, medical students have gone back to class after a boycott of more than a year; we celebrate the birthday of a Dutch artist who turned black paint into magic; Nicola Willis talk about electricity, and Australian police trying to take our cops and Tess Brunton checks out a seaside suburb in Dunedin, to find a taste of Italy. First Up - Voice of the Nathan!

Christopher Luxon says all options are on the table when it comes to increasing competition in the grocery sector. He hopes that more overseas operators - like Walmart – will expand their operations to New Zealand. The Prime Minister told Heather du Plessis-Allan Economic Growth Minister Nicola Willis is doing everything to establish new operators in the supermarket industry. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The eye-watering price of butter has prompted Finance Minister, Nicola Willis to ask for a please explain from her former employer Fonterra. Checkpoint has run numerous stories about the cost of the pantry staple, with the price climbing as high as $18 for a tub of semi-soft butter. Fonterra has pinned the price of dairy products here on the global dairy trade auction price, but Willis has questioned why people overseas are getting a better deal. Farmer and former Fonterra Board member Leonie Guiney spoke to Lisa Owen.

The Finance Minister says businesses should be more confident about the economic recovery. The Reserve Bank's been weighing up lower-than-expected growth and higher inflation in its decision to keep the Official Cash Rate unchanged at 3.25%. Nicola Willis says businesses have been battening down the hatches. But she told Heather du Plessis-Allan they're maybe more wary than they should be. Willis says all of the fundamentals in the economy are good. She says the Government is business-friendly and is on the side of those wanting to invest, make money, create jobs, and export overseas. LISTEN ABOVE See omnystudio.com/listener for privacy information.

On the Mike Hosking Breakfast Full Show Podcast for Thursday 10th of July, Finance Minister Nicola Willis talks the Reserve Bank decision to hold the OCR steady and what that says about our economy. Shane Jones has had enough of lizards, DOC, and progress being stalled on a mine that would provide 700 jobs for the Otago region. Kiwi actress Antonia Prebble joins to talk the 20th anniversary of Outrageous Fortune and the latest season of her podcast What Matters Most. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Finance Minister says businesses should be more confident about the economic recovery. The Reserve Bank's been weighing up lower-than-expected growth and higher inflation in its decision to keep the Official Cash Rate unchanged at 3.25%. Nicola Willis says businesses have been battening down the hatches. But she told Heather du Plessis-Allan they're maybe more wary than they should be. Willis says all of the fundamentals in the economy are good. She says the Government is business-friendly and is on the side of those wanting to invest, make money, create jobs, and export overseas. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Isn't it funny how the Government likes to talk about government support needing to be based on need, but seems to forget about all that when it comes to those nice middle-class people. Of which I am one. I'm not claiming to be nice, but I am what you would call middle-class. Which makes me fully qualified to ask why a family bringing in $229,000 a year should get taxpayer support to pay for their kids' early childhood education. It also makes me highly qualified to answer that question, and to say that a family earning that amount of money doesn't need or deserve that level of taxpayer support. The Government has expanded its FamilyBoost scheme, which is all about letting parents claim back some of the money they pay early childhood centres. The Government's done it because not as many people were taking advantage of the scheme as it had expected and which Finance Minister Nicola Willis had budgeted for. Before yesterday's announcement, families earning up to $180,000 a year were eligible to claim back 25% of their early childhood fees. Now families earning as much as $229,000 will be able to claim back 40% of their early childhood fees and I find it impossible to see how that can be justified. Granted, I'm looking at this through the eyes of someone who had kids going through the early childhood system 15-to-20 years ago. I'm also looking at it through the eyes of someone in Canterbury as opposed to somewhere like Auckland. Nevertheless, I still don't see why or how the Government thinks a couple earning that amount of money —way more than 200k a year— needs financial support. I saw some parents on the news last night at the centre in Wellington where Nicola Willis turned up to make the announcement yesterday, and they were all for it. But, of course they would be. I can say that because I know how, when you've got pre-school kids, you're still getting over the hit it has on the finances. You might be down to one parent working – that's if there are two of you. You've possibly got a decent-sized mortgage. Or you're paying rent. So, of course, you're going to think you need a leg-up wherever you can get it. But what parents of very young kids don't tend to think about is that it doesn't get any cheaper. In fact, it gets more expensive the older the kids get. Which brings me my other criticism of this expansion of the FamilyBoost scheme: what about the parents of older kids? What about the parents who have got kids at high school and have to come up with money for all sorts of things, such as uniforms, sports trips, music trips, laptops. You name it. Not that I'm saying that every parent with kids at the high school stage deserve the kind of carte-blanche handout the Government's giving parents who have got kids going to pre-school. But it highlights further how expanding the FamilyBoost scheme just doesn't make sense. And I think the opposition parties can be accused of tiptoeing around the issue. Especially Labour, which is banging on about the Government's changes yesterday to the FamilyBoost programme being “desperate”. Megan Woods is Labour's acting finance spokesperson and she's saying today that the Government is scrambling to help families dealing with the cost-of-living crisis. She's saying: "If Nicola Willis truly understood the cost-of-living crisis, then she'd have acted a long time ago." But what Megan Woods should be doing is ripping into the Government for thinking that families earning just on $230,000-a-year need government support to pay for their kids to go to pre-school. See omnystudio.com/listener for privacy information.

To start the morning, I wondered about looking at the fairness - or otherwise - of the corporate tax rate. The Finance Minister, according to a New Zealand Herald story, has quietly asked Inland Revenue to look at the appropriateness of the tax settings being applied to banks. Nicola Willis confirmed to the Herald a wide range of options is being considered to ensure the major banks are paying their fair share of tax. She wants advice back ahead of next year's Budget, which is expected to be delivered just months before the 2026 general election. She said, “our work to enhance banking competition is wide-ranging and as part of this of sought advice on whether the major banks are paying their fair share of tax,”. I've been interested, she went on, in how New Zealand's bank tax regime compares with Australia and elsewhere, particularly in light of the significant profits Australian banks make from Kiwi customers. No decisions have been made, recommendations have not yet been taken to Cabinet, so she's not going to comment on specific proposals at this stage. I would have thought if the company tax rate was a set amount and the banks are paying that, then they're paying their fair share of tax. I was listening to Heather talking to Claire Matthews, the banking expert from Massey, this morning. Claire Matthews said the way she thought it might work would be the corporate tax rate would be lowered for all corporates except the major trading banks. Everybody else will be lowered, but banks, so they wouldn't in effect be punished, they just wouldn't benefit from any changes to this tax regime. But as Claire Matthews pointed out, banks already contribute a significant amount to the New Zealand economy. They pay a very large portion, something like 20% of total tax, total corporate tax in New Zealand. So they're paying a huge amount of tax, so if you drop the corporate tax rate but keep the bank's tax at a higher level, you, the Government could manage to avoid the actual impact on their tax take. I think there's a real danger here. Are they going to suddenly make supermarkets pay more because they, too are Government's favourite whipping boys and girls? Why are they being singled out? Sure, I would love it if I didn't have to pay the house price twice over, but I understand that when you're lending money to individuals and to businesses, there is risk involved with that so you have to pay for that risk. I don't imagine the banks would just close their doors, decamp and head back over the Tasman, there's still money to be made. But I just don't understand why banks would be asked to pay more while the rest of corporate New Zealand pays less. I don't want a bank to fail. It's not in the country's best interest for a financial institution to go under. We've seen the damage done when the BNZ had to be bailed out, and then the different finance companies were bailed out, why on Earth would we want to see banks fail if they're paying their fair share of tax? I have no skin in the game other than a hefty mortgage, which I would love to see reduced, but I don't necessarily see it's the bank's fault that they are the ones who profit from lending money. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Lawyer Sam Vincent joins us LIVE at 9pm to talk about the Palestine Solidarity Network Aotearoa accusing some Government Ministers and businesses of having complicity in Israel's war crimes. The PSNA have identified Chris Luxon, Winston Peters, Judith Collins who they say have approved NZ military and intelligence support for Israeli war crimes and Rocket Lab's Peter Beck and Rakon's Sinan Altug who have launched spy satellites which Israel uses to target civilians in Gaza and supplied military-grade crystal oscillators to the US to be put in missiles which Israel can deploy in Gaza and elsewhere respectively. These individuals and businesses have been referred to the International Criminal Court by the PSNA. Childcare rebates from the Government's flagship FamilyBoost scheme will rise with eligibility expanded, Finance Minister Nicola Willis has announced. At the election Nicola Willis said that 100,000 families would receive the Family Boost when in truth less that half that number received it and fewer that 50 families received the maximum amount.The right have been screaming isolationist policies for past few years. We've heard "USA first" form the likes of Trump and "UK First" from right wing commentators like Matt Goodwin and the likes of Reform UK. This passionate, foundational, never compromise desire seems to disappear though when Israel gets mentioned by the same groups or people.=================================Come support the work we're doing by becoming a Patron of ⁠⁠#BHN⁠⁠ www.patreon.com/BigHairyNews⁠=================================Merch available at www.BHNShop.nz Like us on Facebookwww.facebook.com/BigHairyNews Follow us on Twitter.@patbrittenden @Chewie_NZFollow us on BlueskyPat @patbrittenden.bsky.socialChewie @chewienz.bsky.socialEmily @iamprettyawesome.bsky.socialMagenta @xkaosmagex.bsky.social

The Finance Minister says several thousand more families will benefit from the changes to FamilyBoost. Nicola Willis spoke to Ingrid Hipkiss.

This is gonna sound harsh and I know it - but I think women like Rachel Reeves need to stop crying in public.This is the biggest news that is in the UK at the moment. The Chancellor, who's basically the equivalent of our Nicola Willis, started crying in Parliament. Now I feel really sorry for her, cause it looks like she is going to probably end up taking the fall for a man's incompetence because Keir Starmer, her Prime Minister, is weak and is giving into a rebellion and has forced a U-turn on her, thereby undermining her fiscal plans. And then after all of that, after doing all of that to her and humiliating her in public, what then happened in Parliament is what sparked the tears. He was asked whether, after all of the humiliation he's put her through, he's going to keep her in the job, and he would not confirm that he would keep her in the job. And she's sitting directly behind him, the cameras capture it, her face crumbles and the tears start rolling - and you'd have to be heartless not to feel for the woman, because it is incredibly clear that she is trying so hard not to cry, but she cannot help it. But women have got to stop crying in public. If you cannot stop yourself crying in public because it is too much, get up, leave the room, do it privately. I was reading Jacinda's book last night, again - I mean, talk about crying, there's another crier - and in it, she tells the story of being pregnant and talking to a successful corporate woman at a function. And she couldn't find a word that she was looking for and she said to the woman, "Oh, baby brain." And then she laughed, but the woman didn't laugh. The woman looked at her with a stern face and said to her, "You can never say that." And the reason is obvious - because if she says that in public, Jacinda Ardern's opponents would have seized on it, but also people in general would have seized on it as an example that women cannot do significant jobs while being pregnant and being mums. And the same is unfortunately true for Rachel Reeves. There will be people who will seize on this as an example that women cannot handle significant and stressful jobs because women are inherently more emotional. Now, I realize that what I'm saying is controversial because we have been told time and time again by people like John Kirwan that we're not supposed to bottle things up and we are supposed to talk about it. But I think we've gone completely in the other direction. We are now at risk of oversharing everything that we're feeling. By all means, talk about it. Talk to the people closest to you. Cry all you like behind closed doors to them. But if you're gonna cry in public, leave the room - especially, for God's sake, if you're a woman in a big job because it reflects on all women. LISTEN ABOVESee omnystudio.com/listener for privacy information.

When there's an election campaign happening, how much do you care about the cost of the policies the political parties are pushing? Or, more to the point, how willing are you to trust the politicians when they say they've done the numbers, and they all stack up? My willingness to trust them is very low. Which is why I think we will be all the poorer for ACT and NZ First voting down the plan for a publicly-funded outfit that would have done the numbers and worked out the actual cost of election policies. Because until now, all we've been able to do is take the politicians on their word. And it's going to stay that way. Not that the concept of a separate costing agency is an overnight thing or a new thing. The idea has been around since 2016, when Green MP Metiria Turei first raised it. In fact, what she wanted —and what the Labour Party wanted too— was broader than what Finance Minister Nicola Willis eventually proposed to Cabinet. But which is now history thanks to the two minor coalition parties. Nicola Willis' version would have made the government of the day's financial information available to political parties when they were putting their policies together. But even that watered-down version was too much for ACT and NZ First, with David Seymour saying that it isn't warranted, because he doesn't think it would stop messy election-year debates about how party policies might be paid for. But it raises the question about election promises and whether us voters are still sucked in by the political promises on their own, or whether we are more discerning and whether we think it would be good to have more transparency. More scrutiny. I want more scrutiny. Because without it, all we have to go on is gut instinct. Or the believability of politicians. All politicians of all stripes and colours I'm talking about here – all we can do is take them on their word. Before I hold up National's tax cuts as an example of why we need a publicly-funded agency to go through political policies with a fine-tooth comb, let me remind of you of that daft idea Labour had before the last election of taking GST off fruit and vegetables. At first blush, it might have sounded like a good idea. But I wasn't sold. I don't think many of us were, because we had no idea how effective it would be. Not just from the perspective of whether it would actually make fruit and veggies more affordable, but also what it could mean for government coffers. Grant Robertson always poo-pooed the idea but then, somehow magically, came around to the idea just before the election. And there he was, telling us that he'd done the numbers and he'd realised that, actually, it would have all stacked up financially and we'd all have kiwifruit and broccoli coming out of our ears. But without the proof, it was all hot air. Same thing with National's tax cuts. We were told it was going to mean more money in our pockets, but not a lot was said about how out-of-pocket the Government might be because of it, and what that would mean down the track. And what happened? The tax cuts went ahead, and government revenue dropped. That foreign buyers tax was another one. The only expert analysis we had to rely on was what all the so-called “independent experts” roped-in by all the parties had to say about the policies they were roped-in to comment on. And all that did was create all the usual noise and confusion and we were back to voting on gut instinct because who knew what the hell to make of what was being said left, right and centre? How different things would be if all of these brilliant vote-catching ideas were put through the wringer by an independent, publicly-funded agency. How better informed we would all be. And how careful the politicians would be about selling us snakeoil policies that we only end up regretting falling for. See omnystudio.com/listener for privacy information.

I don't know about you, but I want to know how big our Finance Ministers' holes are. I think it's really important to know what political parties' promises are going to cost us. A nine-year battle to get a publicly funded body to cost political parties election promises, starting with the 2026 election, ended at cabinet on Monday after ACT and NZ First put the kibosh on the plan. Way back when —2016— the proposal came from the Greens, but over time it's been modified, and Nicola Willis' plan would have amended the Public Service Act to allow the political parties access to public service resources up to 10 months before an election, so they had the information they needed to cost their policy promises. A unit in the Public Service Commission would have been created to coordinate those requests, funded with $1.2 million. Which is chicken feed in the scheme of things. But with ACT and NZ First nixing it, we remain with the status quo, which as Stephen Joyce explained this morning, means an awful lot of time wasting and running around for the opposition parties. “You have to go chasing around OIA's and parliamentary questions to try and get enough information to build a policy which stands scrutiny when it gets out to the public, and it's a lot of fun for the government of the day to try and withhold all that information and then go, “ah, it's ridiculously costed policy.”” That really ground my gears this morning when I heard that. Oh, it's all a great lark, it's all such fun having opposition parties running around desperately trying to get the information they needed. And the clue comes from the Public Services Resources. They're ours! Taxpayer money funds those services, it funds those resources. We have a right to know how much is being spent on what programmes, what funding is available, and we have a right to allow that information to be disseminated to opposition political parties so that they can craft their own policies with that knowledge, with that baseline knowledge that they need. Otherwise, they are going to be promising pie in the sky. This should be public information. It's taxpayer money funding services for taxpayers. It should be easy to access, easy to find, and then the opposition parties will be able to craft their policies accordingly. No more silly buggars. It's in the public interest not to have this time wasted. How many staffers are employed by opposition parties chasing after OIAs and chasing after this information, when that work could be better put to spending time with programmes and organisations and departments, and coming to terms with what they need to do the best possible job to deliver for the taxpayer? There is nothing fun about this. There's nothing clever about this. It is expensive time wasting. As for ACT's no because “we already provide a fully costed budget before each election”, stop being so smarmy and teachers' pets, you can't mark your own homework. Each party should have to pay out of their own party funds —not out of taxpayers dollars— for an economist, not to run the ruler over their own budgets because we've all seen that, they should each pay for an economist and the economist names should go in a ballot. Each party draws out a name, and that economist runs an eye over that party's budget. So ACT pays for an economist. The ACT economist goes into the hat, the Māori Party draw him out, that's who runs an eye over their budget. I want to know without having to do the sums myself if what a party is promising is viable, and I don't want them to do their own costings, thanks very much. I do want an independent body to look at it. That information should be freely accessible to all opposition parties. Let's put an end to the fun and the silly buggars, and each party's promises before an election should be independently verified, so we can all cast our vote with the best possible knowledge available. See omnystudio.com/listener for privacy information.

A nine-year fight to create a publicly funded election policy-costing unit has come to an end. Act and New Zealand First have shot down Finance Minister Nicola Willis's proposal to create one. Metiria Turei, then-Green Party co-leader, first proposed the idea in 2016. Former Finance Minister Steven Joyce told Mike Hosking Willis's proposal was different from those that have come before. He says to cost individual policies at the request of parties would have dealt with a problem that happens when you're in Opposition. Joyce says that's when you don't have access to the information. LISTEN ABOVE See omnystudio.com/listener for privacy information.

A former Finance Minister believes there's a need for a publicly funded body to find out what election promises would cost. Act and New Zealand First have shot down current Finance Minister Nicola Willis' proposal, which would have allowed resources from the public sector to cost policies of political parties up to 10 months before an election. Ruth Richardson was the Finance Minister in the 1990s and told Ryan Bridge Willis is on the right track, but the proposal falls short of what's required. She says we want a publicly resourced body, independent of the executive to ensure more informed public and parliamentary debate. Richardson says the UK's Office for Budget Responsibility is a gold standard example of what we should be creating. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Finance Minister Nicola Willis has announced that former acting Reserve Bank Governor Grant Spencer has been appointed to the central bank's board. Spencer retired from the Reserve Bank in 2018, after he was deputy Governor and head of financial stability from 2007 to 2017. He was acting Governor over the six months to March 2018. NZ Herald political editor Thomas Coughlan unpacks what Nicola Willis is indirectly saying through this announcement. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Finance Minister Nicola Willis says New Zealand has not “escaped the aftershocks of world events” as new data shows hardship rising and more Kiwis struggling to pay the bills. Speaking to Newstalk ZB Wellington Mornings host Nick Mills about the state of the economy, Willis acknowledged it had been “a tough time”. “Things were starting to come along and then come April there were some reasonably significant announcements by the US President that sent ramifications through the world”, Willis said. Donald Trump's April “Liberation Day” announcement saw sweeping tariffs introduced for more than 125 countries, including 10% on imports coming from New Zealand. Willis said business confidence has been impacted as a result and growth forecasts have been downgraded.“Little old New Zealand, just recovering, has been really impacted by that.” She said in spite of the global uncertainty growth is still forecast to improve, but “we haven't escaped the aftershocks of global events”. Credit reporting agency Centrix released its June Credit Indicator today. It showed household arrears were levelling out while hardship and company liquidations were on the rise. Nearly 50,000 individual billpayers were in financial hardship, an increase of 300 from May, and 14% more than a year ago, Centrix said. An uptick in hardship began in November 2022, and today's figures “continues a steady upward trend”, Centrix managing director Keith McLaughlin said. “I don't deny those numbers, as you say, they're facts and I meet enough New Zealanders each week to know there are still a lot of people doing it tough”, Willis said. She said it comes at a time when New Zealand is at its “peak unemployment”. “When unemployment is higher, of course that is when you see people unable to pay their bills”, Willis said. On the increase in business liquidations, which Centrix recorded as being up 27% on last year's figures, Willis said that there would be a variety of reasons for that and disputed the Government was responsible. Asked by Mills if her government could have done more to assist struggling businesses, she said there were “certainly things we could have done which would have made it harder for them”. Willis pointed to moves like tax cuts, cutting red tape, and the investment boost policy, which she said are benefiting small businesses. Wellington's ‘disappointing chapter' Willis, a lifelong Wellingtonian, was asked about the state of the capital. She responded by criticising Wellington City Council for having had “its eye completely off the ball”. “It feels to me like a place that needs a fresh start”, she said. Willis believes the city still has “cool things” going for it like smart tenacious people, the native bush, and the city's hospitality scene, but said “man oh man have we mucked up” with regard to council decision-making. She said the council must be focused on keeping rates low. It comes after the council approved a 12% rates increase for the 2025/2026 year. “It seems to me that the council has not been focused on that mission and at the same time has been quite distracted by what I would say are interesting political debates.” She said the city has been in a “disappointing chapter”. Asked whether she is excited by any of those running in the upcoming local election, Willis said she does not endorse candidates but is looking for two things. The first was getting rates rises under control. “That means actually being prepared to stop doing some things, we've had to do that as a government”, Willis said.The second thing she was looking for in candidates was policy that is “genuinely pro-business”, citing Wellington's disproportionately high commercial rates. She also spoke on the Golden Mile project saying while she understands the vision, now is not the time.“I'm looking for councillors who are pledging to be disciplined about the way they spend ratepayer money”, Willis said. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Finance Minister Nicola Willis says New Zealand has not “escaped the aftershocks of world events” as new data shows hardship rising and more Kiwis struggling to pay the bills. Speaking to Newstalk ZB Wellington Mornings host Nick Mills about the state of the economy, Willis acknowledged it had been “a tough time”. “Things were starting to come along and then come April there were some reasonably significant announcements by the US President that sent ramifications through the world”, Willis said. Donald Trump's April “Liberation Day” announcement saw sweeping tariffs introduced for more than 125 countries, including 10% on imports coming from New Zealand. Willis said business confidence has been impacted as a result and growth forecasts have been downgraded.“Little old New Zealand, just recovering, has been really impacted by that.” She said in spite of the global uncertainty growth is still forecast to improve, but “we haven't escaped the aftershocks of global events”. Credit reporting agency Centrix released its June Credit Indicator today. It showed household arrears were levelling out while hardship and company liquidations were on the rise. Nearly 50,000 individual billpayers were in financial hardship, an increase of 300 from May, and 14% more than a year ago, Centrix said. An uptick in hardship began in November 2022, and today's figures “continues a steady upward trend”, Centrix managing director Keith McLaughlin said. “I don't deny those numbers, as you say, they're facts and I meet enough New Zealanders each week to know there are still a lot of people doing it tough”, Willis said. She said it comes at a time when New Zealand is at its “peak unemployment”. “When unemployment is higher, of course that is when you see people unable to pay their bills”, Willis said. On the increase in business liquidations, which Centrix recorded as being up 27% on last year's figures, Willis said that there would be a variety of reasons for that and disputed the Government was responsible. Asked by Mills if her government could have done more to assist struggling businesses, she said there were “certainly things we could have done which would have made it harder for them”. Willis pointed to moves like tax cuts, cutting red tape, and the investment boost policy, which she said are benefiting small businesses. Wellington's ‘disappointing chapter' Willis, a lifelong Wellingtonian, was asked about the state of the capital. She responded by criticising Wellington City Council for having had “its eye completely off the ball”. “It feels to me like a place that needs a fresh start”, she said. Willis believes the city still has “cool things” going for it like smart tenacious people, the native bush, and the city's hospitality scene, but said “man oh man have we mucked up” with regard to council decision-making. She said the council must be focused on keeping rates low. It comes after the council approved a 12% rates increase for the 2025/2026 year. “It seems to me that the council has not been focused on that mission and at the same time has been quite distracted by what I would say are interesting political debates.” She said the city has been in a “disappointing chapter”. Asked whether she is excited by any of those running in the upcoming local election, Willis said she does not endorse candidates but is looking for two things. The first was getting rates rises under control. “That means actually being prepared to stop doing some things, we've had to do that as a government”, Willis said.The second thing she was looking for in candidates was policy that is “genuinely pro-business”, citing Wellington's disproportionately high commercial rates. She also spoke on the Golden Mile project saying while she understands the vision, now is not the time.“I'm looking for councillors who are pledging to be disciplined about the way they spend ratepayer money”, Willis said. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister says changes to the FamilyBoost scheme are on their way - after Cabinet made decisions today. The Government previously said it would announce changes to the childcare tax policy in June. It's been admitted the number of families initially thought eligible was wrong. Nicola Willis says there are two changes and they apply to fees incurred from tomorrow - with claims able to be made from October. "The first is to increase the amount of rebate, which will have the effect that people on lower middle incomes with lower rates of fees will be able to get a bigger rebate." Willis says the second is to reduce the abatement rate - so families earning more than 140-thousand dollars will be able to claim a bit more. LISTEN ABOVESee omnystudio.com/listener for privacy information.

On today's First Up pod: Selwyn District Council claims it has "the lowest rates" in Canterbury, but not everyone is convinced; we have the latest from overnight with our correspondents including Henry Riley in London where that heatwave is moving up from Spain and raising temperatures in the UK and Finance minister Nicola Willis tells us she has NOT failed to fix FamilyBoost. First Up - Voice of the Nathan!

The Government's issued a fresh warning to the major supermarket chains. Economic Growth Minister Nicola Willis has written a letter to Woolworths, and Foodstuffs' North Island and South Island arms, outlining her expectations. She says she's hearing of supermarkets charging more than the advertised price, and having specials and multi-buy deals that don't actually offer savings. Willis told Mike Hosking that's not good enough. She says supermarkets have publicly said again and again that they do everything they can to be good providers of service, but this doesn't look like that. LISTEN ABOVE See omnystudio.com/listener for privacy information.

On the Mike Hosking Breakfast Full Show Podcast for Thursday 26th of June, Nicola Willis is still unhappy with the supermarkets, sending them another letter – when is it time for action? Moana Pasifika is in serious financial strife, but it was revealed that Whanau Ora, using taxpayer money, gave them $8 million in funding. How does a company, whose job it is to improve wellbeing in poorer communities, spend millions on a rugby team? Former Top Gear and Grand Tour host James May is coming to NZ with his new stage show about the world's best explorers, joining out of the UK for a chat. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister's keeping a close eye on the economic impact of volatility in the Middle East. Economists worry it will impact oil, driving up prices at the pump for Kiwis. Nicola Willis says this is a concern. "Our position now is that we support all efforts at diplomacy and de-escalation. That is good for the world." LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister's revealed top-level legal advice was sought over the Reserve Bank's battle with Treasury for funding. The bank received less money than it anticipated in the latest funding round - which prompted Adrian Orr to quit as Governor. NZ Herald Wellington business editor Jenee Tibshraeny unpacks the issue further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister made it clear she was unimpressed with the way the RBNZ handled public communication around Adrian Orr's departure. Reserve Bank board chair Neil Quigley recently revealed he 'regretted' the time it took to release information around Orr's surprise resignation. Nicola Willis says the central bank could have provided some clarifying statements more promptly than they did. "As soon as they'd worked through what they could say with the former governor, there was obviously significant public interest in that information. And it would have been in everybody's best interests for them to share that at an earlier junction." LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister says the Reserve Bank should have given the reasons behind Governor Adrian Orr's abrupt departure - sooner. It released documents yesterday showing Orr resigned over Government funding being well below the Budget allocation he sought. Nicola Willis criticised the central bank's delay in outlining the reasons. NZ Herald political editor Thomas Coughlan explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister says a move to require wool carpets in state housing makes financial sense. Nicola Willis has announced a change to Kainga Ora's supplier agreement that will see it re-open its previously nylon-only carpet tender process. From the start of next month, all public entities will also be required to use woollen fibres where practical and appropriate. Willis told Mike Hosking officials have told her it makes sense for Kainga Ora to make this change. She says it's cost-neutral, and it performs well across a number of other dimensions. Nicola Willis says the Reserve Bank should never be exempt from cost-cutting across the public sector. Newly released documents show Adrian Orr's abrupt resignation as Governor came after he was denied the Budget allocation he was seeking. The Finance Minister says the central bank still has the funding it requires to do its statutory duties. She told Hosking the Reserve Bank can't operate as a "gilded palace" – it needs to be fiscally responsible, like all other government departments. Willis says any idea that the Reserve Bank doesn't need to abide by the same funding constraints as other Government agencies is wrong. LISTEN ABOVE See omnystudio.com/listener for privacy information.

On the Mike Hosking Breakfast Full Show Podcast for Thursday 12th of June, it's good news Thursday as we see good news for wool, good news for our food and fibre exports, and good news for our elective surgery waitlist. You won't believe how many people are leaving Auckland and the North Island to head to Christchurch and the South Island. Award-winning comedian Jimmy Carr is heading this way, but before that he's on to talk cancel culture, his love of New Zealand, and his life of the tour. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Deputy Prime Minister Nicola Willis says the Michael Forbes situation is awful - but police have to have discretion. The Prime Minister's acting deputy press secretary quit last week, over allegations he took compromising recordings of sex workers and photos of women he didn't know. Nicola Willis says these issues need to be managed well and she says the Department of Internal Affairs looking into the matter is positive. She says police do have discretion, which is important. "So it's never appropriate for ministers to dive in and say - we think you should prosecute this person or that person." LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister says the latest poll will be a tough read for the Labour Party and Chris Hipkins. Labour saw a three percent drop in support to sit on 29, Chris Hipkins' preferred Prime Minister rating also fell by 1 percent. National also saw a drop in support, down 2 percent to sit on 34. Nicola Willis says even after complaining about their budget - Labour didn't see a jump in support. "Well, it gives me confidence that New Zealanders get where we are as a country - which is that we're a Government doing a big clean-up job. The books have been left in a mess." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Tonight on The Huddle, Trish Sherson from Sherson Willis PR and Child Fund CEO Josie Pagani joined in on a discussion about the following issues of the day - and more! RNZ reports police staff have been directed to not investigate shoplifting below $500 and online fraud below $1000. There's also a new 'value threshold' to determine which retail crimes will be investigated - what kind of message does this send? Nicola Willis raised some eyebrows over her choice of outfit on Budget Day - does this really matter? LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Green Party has accused the Government of having a three-quarter-billion dollar hole in the Budget. As part of the 2025 Budget, released last week, the Government announced that the default KiwiSaver contribution for employees and employers would lift to 4 percent. But the Greens say the Government had not accounted for that increase for its own employees in its books, and over the Budget forecast period it could add up to $714 million in costs. Newstalk ZB political editor Jason Walls says Nicola Willis has since shrugged off the accusations. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Nicola Willis says National still hasn't decided on its superannuation policy ahead of next year's election. The Finance Minister says keeping eligibility at 65 is increasingly expensive - and Prime Minister Luxon has expressed interest in making changes. Willis says discussions will need to take place about the matter as a caucus. "What that will look like will be different from the last election - because, obviously, 3 years have gone past since then. New Zealand, as we have pointed out in the past, is quite an outlier." LISTEN ABOVESee omnystudio.com/listener for privacy information.

On the Heather du Plessis-Allan Drive Full Show Podcast for Monday, 26 May 2025, Superintendent Blair MacDonald explains why police are no longer going to attend shoplifting crimes where less than $500 was stolen unless there's good reason to. Health Minister Simeon Brown says prefab hospital buildings are the way to go to build a cheaper (and faster) hospital in Nelson. Finance Minister Nicola Willis reveals what's not written in her diary for Saturday - the day David Seymour takes over as Deputy Prime Minister. The Huddle debates why we're so obsessed with Nicola Willis' Budget outfit and whether it's appropriate we even talk about it. Plus, what happened when Heather asked ChatGPT if she looks hot? Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Last week, Finance Minister, Nicola Willis, announced her ‘growth' Budget for 2025. In the Budget, multiple initiatives received a boost in funding.  Operational funding and capital funding for Māori education received a $54 million boost and $50 million boost respectively for Māori learner success, with a $14 million injection for Māori wardens, Pacific wardens, and the Māori women's welfare league. However, a variety of Māori initiatives have faced substantial cuts. The Māori Development Fund has had $20 million cut over four years, $32.5 million has been cut from Māori housing initiatives, and $375.5 million cut to the Kāhui Ako programme. Labour's Māori Development spokesperson, Willie Jackson, claims that overall, in Budget 2025, Māori initiatives are seeing cuts of roughly $750 million. For our weekly catchup, News and Editorial Director and Monday Wire Host, Joel, spoke to Te Pāti Māori's Takutai Kemp about Budget 2025 and it's impacts on Māori initiatives. They also spoke about the debate on the potential suspension of Te Pāti Māori co-leaders, Rawiri Waititi, and Debbie Ngarewa-Packer, and MP Hana Rawhiti Maipi-Clarke, being pushed back prior to the Budget debate.  As well as this, notably, during the Budget debate itself, both Waititi and Ngarewa-Packer were absent. However, they first discussed the 2025 Budget and Māori initiatives

With the announcement of how the government is planning to spend money over the next year comes the question of how this will impact the National Party's chances of being re-elected into power in next year's General Election. When presenting her work to Parliament, Finance Minister, Nicola Willis, said that “every Kiwi knows this government has their back”. However, elements of the Budget have been criticised by opposition parties and various activist groups, with opposition leader, Chris Hipkins, calling funding decisions in the Budget “strange and unnecessary”. The Budget can play a major role in whether a government will be re-elected or not.  Labour's 1958 Budget, for example, which has since become known as the ‘Black Budget,' resulted in Finance Minister at the time, Arnold Nordmeyer, imposing additional taxes on cars, alcohol, and tobacco, in an attempt to limit the need for international goods during the payments crisis in late 1957. This caused political tensions, and as a result, Labour lost the 1960 general election after one term. News and Editorial Director and Monday Wire Host, Joel, spoke to Brian Roper — an Associate Professor in Politics at the University of Otago, about how Budget 2025 will impact National's chances to be re-elected, and his opinion on what party, or parties, will make up the next government.

KiwiSaver. I was thinking about this at the weekend. I get why the government is doing the old switcharoo. I get it. Means test the government sweet we, halve it for everyone else… save some money. Then we workers… and our employers… will slowly put more into the scheme… So that when it all comes out in the wash, we're at least no worse off than before budget day. Except that we will be worse off, because it's us and our employers paying for it. We pay more up front. Our employers pay more up front. That's added cost. Businesses recover cost by putting up prices, which we end up paying, or by lowering costs, like wages… which is how most of us make a living, right? So, the net effect is worse for us and better for the government. Now again, I get why they need to slash spending but the irony with tinkering with KiwiSaver is this. For your average kiwi working hard and saving and planning for retirement… that's what we're told to do…. These changes throw all your calculations out of whack. You plan on a long-term, predictable set of circumstances. When they're changed without warning and at random, it punishes people who are trying to do the right thing. We need more of a heads up on changes to KiwiSaver… and more importantly… NZ Super. It's not a matter of if but when that also gets means-tested. Even if the when is post-Winston. Nicola Willis says she's been giving this some thought. The future of superannuation. I'd like to know, and other hard-working Kiwi-savers I'm sure would also like to know, sooner rather than later, what those thoughts are. See omnystudio.com/listener for privacy information.

Finance Minister Nicola Willis talks to Mike Hosking about the week's big issues after the budget announcement last week. Health New Zealand's aiming to perform more than 30-thousand elective surgeries by June 2026 by outsourcing more straightforward cases to private hospitals. Willis says getting doctors and specialists on longer term contracts will get more people the care they need sooner. Prime Minister Christopher Luxon last week announced his intention to raise the retirement age. Willis says no discussions have taken place yet, but says the Government would need to be upfront with their plans. "At some point, a future government is either going to have to slap a lot more tax on people or it's going to have to front up to whether the settings can be tweaked a little bit," she says. LISTEN ABOVE. See omnystudio.com/listener for privacy information.

I hope you are following the butter debate, specifically the Costco part of it. Why? Because it's an insight into how the world works, especially the economic world, and why Nicola Willis and her crusade to convince us supermarkets are ripping us off might be wrong. Willis sighted Costco the other day when she once again reminded us she is back to business on the supermarkets and looking to break them up, or twist their arms, or regulate them where it hurts, so we can all feel so much better about the price of a trolley full of goods. What she knew, she said, was competition is good for prices. As I tried to say, that is school cert economics and, although partially right, isn't the whole answer. Butter at Costco is $10 per kilo. Elsewhere you can pay $10 and get half that. In that very example is part of the story - it costs different amounts all over the place on any given day, depending on where you go, or when you go. It's a bit like petrol. Also a bit like petrol, the end price is driven by international pricing. We pay international prices because we make the stuff and sell it. Its how we make a living and we should be celebrating this. If farmers weren't doing so well we would be truly stuffed. Costco, because they are large, as in globally large, buy more of anything than anyone here locally. Because of that their price per unit drops and their margins are smaller. Scale counts Also, as the consumers group pointed out, it's a loss-leader for Costco. In other words they are losing money on every pack they sell. Why? Because it gets you in the store to buy other stuff. Remember, at Costco you have already paid a membership fee to be there. So their butter isn't really $10 per kilo. They are eating the difference, as Trump would say, in the hope you buy stuff in aisle eight. Lots of supermarkets run loss leaders. They also put chocolate biscuits at eye line to tempt you. It's a clever business. But Costco and their butter is not a real economic equation. And there is no magic in their pricing, the way Nicola seems to think there is.See omnystudio.com/listener for privacy information.

In the year of growth, Nicola Willis has presented a growth budget. But does the Investment Boost initiative, which speeds up depreciation for businesses, promise the kind of growth that the economy needs? In this special Spinoff pod for budget day, Toby Manhire asks Bernard Hickey for his take on the headline changes, and whether or not David Seymour's earlier commentary that his colleague Brooke van Velden had “saved the budget” through its controversial and hurried changes to the pay equiry scheme, has been proven true. Plus: what are the cumulative impacts of the changes to KiwiSaver and Best Start, as compared to the SuperGold cohort? And how much did the global political and economic volatility influence the documents published today? Learn more about your ad choices. Visit megaphone.fm/adchoices

Nearly 13 billion dollars has been clawed back from pay equity changes over four years, the Government contribution to KiwiSaver has been halved, tweaks to BestStart payments have been made and a tax break for businesses. Finance minister Nicola Willis delivered what she calls a "responsible" budget - but Labour leader Chris Hipkins says its an austerity budget 'that's left women out'. Political reporter Lillian Hanly reports.

In the year of growth, Nicola Willis has presented a growth budget. But does the Investment Boost initiative, which speeds up depreciation for businesses, promise the kind of growth that the economy needs? In this special Spinoff pod for budget day, Toby Manhire asks Bernard Hickey for his take on the headline changes, and whether or not David Seymour's earlier commentary that his colleague Brooke van Velden had “saved the budget” through its controversial and hurried changes to the pay equiry scheme, has been proven true. Plus: what are the cumulative impacts of the changes to KiwiSaver and Best Start, as compared to the SuperGold cohort? And how much did the global political and economic volatility influence the documents published today? Learn more about your ad choices. Visit megaphone.fm/adchoices

The Finance Minister, Nicola Willis, has described the Budget as responsible, and what governments do to avoid austerity. Willis spoke to Ingrid Hipkiss.

In today's episode, the Finance Minister, Nicola Willis, has described the Budget as responsible, and what governments do to avoid austerity, Labour's Finance spokesperson says the government's changes to KiwiSaver will take money away from New Zealand's poorest workers, as part of the 2025 budget, the government will halve its yearly contributions, while minimum contributions for employers will lift to four percent in 2028, BusinessNZ is welcoming the new budget, saying it's credible and growth-oriented, and we cross the Tasman to get the latest from Kerry-Anne Walsh.

On the Mike Hosking Breakfast Full Show Podcast for Friday the 23rd of May, it's all things Budget on the show this morning - KiwiSaver changes, how the Government is making the "savings" gas exploration and Nicola Willis to explain it all. A home playoff game for Auckland FC this weekend as they look to make their way into the final. Kate Hawkesby and Tim Wilson talk Smith & Caugheys and how much you should pay for a dog! Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.See omnystudio.com/listener for privacy information.

At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. The Budget: 7/10 In totality she did quite a lot with next to nothing and the intent and messaging, I hope, gave hope. Because boy do we need hope. Oh, and also a surplus. The Green's budget: 1/10 They shouldn't even be allowed near a calculator. When nurses get pay cuts because of tax you know you are dealing with nutters. The Privileges Committee debate: 6/10 Because at last the committee came to the party on rule breaking and at least attempted to right the egregious mess the place has become. The Warriors: 8/10 They just keep on winning. And this weekend at home against the Raiders - what a lip-smacker! The Golden Dome: 6/10 Is it even real? Can you build a dome in three years and, if you can, how come we can't build a road in that time? Smith & Caugheys: 2/10 That is what arrogance, incompetence, blind ideology and lack of vision does for a city. LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.

The Finance Minister is defending her budget and growth agenda, despite a surplus being some years away. The Government's books aren't set to return to surplus until 2029. Nicola Willis says that surplus is coming despite disruption on the world stage. She told Mike Hosking alongside spending cuts they're also investing to encourage businesses to grow. Willis says the biggest risk to getting back into surplus would be a slow down in the economy. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Fresh off a pre-Budget speech that took aim at the recent changes to pay equity, Labour Party leader Chris Hipkins joins Bernard Hickey to discuss the government's plans to cut $4.4 billion of spending over the next four years. What are the potential downsides of Nicola Willis' austerity approach to budget management? What other types of debt might we be accruing without realising it? Listen in to find out. Learn more about your ad choices. Visit megaphone.fm/adchoices

Brigitte Morten is a director with public and commercial law firm Franks Ogilvie and a former senior ministerial advisor for the previous National-led government, a National Party member and currently volunteering for the party's deputy leader, Nicola Willis.