Podcasts about nicola willis

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.

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

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.

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 today's First Up pod: our Tokyo correspondent Chris Gilbert updates us on the unfortunate trend of tourists getting stuck on Japan's mountains; we catch up with Black Ferns co captain Kennedy Tukuafu - after that nail biting draw against Canada on the weekend; we have the latest on the new deal between the UK and EU and with Budget Day this Thursday, Nicola Willis tells us she's sticking to tradition. First Up - Voice of the Nathan!

Last week Finance minister Nicola Willis announced a $190 million social investment fund that will invest in at least 20 social service initiatives over the next year.  Three projects will receive initial funding: an Autism New Zealand programme providing early support to 50 families; an expansion of Emerge Aotearoa's work with at-risk youth; and He Piringa Whare, a data-informed programme to support at-risk Māori. Social Investment is a policy that has been seen from previous National governments, largely associated with former prime minister Bill English.  Under English, the policy involved using data to calculate which groups of people cost the government the most over a lifetime. Interventions aimed at reducing that cost are then targeted at those people.  However critics say this often leads to fiscal outcomes being valued over social outcomes, or profit over people.  This time around the government claims they'll focus on social outcomes over financial ones - but the policy's real effects are yet to be seen.  Producer Evie spoke to the University of Auckland's Associate Professor in Environment Tom Baker about the fund, and how we can expect it to take effect this time around. 

The finance minister's making more commitments ahead of next week's budget. In her pre-budget announcement, the finance minister said $577 million will be injected into film and television projects over the next four years. Willis said the approach is necessary to compete with our neighbours across the ditch and further abroad. LISTEN ABOVE. See omnystudio.com/listener for privacy information.

The ACC minister's questioning whether ACC is the right outfit for people needing compensation after experiencing sexual assault. In 2023 the Court of Appeal ruled that sexual abuse survivors were entitled to compensation for the loss of potential earnings from when they were abused. Newstalk ZB Political Editor Jason Walls told Heather du Plessis-Allan it's not clear what the minister's intention is. “It sounds to me as if he's looking to shift this liability to another section of government.” LISTEN ABOVE. See omnystudio.com/listener for privacy information.

Finance Minister Nicola Willis has talked up how changes to KiwiSaver, due to be announced at the Budget, will boost members' balances. She's offered up some hints - but it's unlikely the Government will help by opening up its wallet. NZ Herald Wellington business editor Jenee Tibshraeny speculates further ahead of Budget day. LISTEN ABOVESee omnystudio.com/listener for privacy information.

There's belief that injecting taxpayer dollars into venture capital comes with high risks. The Government's putting $100 million into the Elevate fund - which supports small business start-ups. It's diverting $61 million from its yearly Super Fund contribution, topped up with $39 million from the Budget. The Taxpayers Union's James Ross says commercially viable businesses wouldn't need propping up by the Government. "The fact that the Government is having to do that just proves how high-risk these investments are - and it proves the risks that the taxpayers are being exposed to." LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister has revealed the Government will will make its first withdrawal from the Super in 2028 - five years earlier than initially planned. In the first year, $32 million will be withdrawn - but from 2031, withdrawals are expected annually. Infometrics Principal Economist Brad Olsen explains why this is happening. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Ahead of the Budget we got the same message we got from a barefoot, jandal wearing Chippy on day one of his post summer break. More debt. Borrow more and spend more. Name an issue, pick a portfolio, any portfolio, where Labour has not criticised the government for cuts and promised to restore spending to pre-Willis levels. The latest example is pay parity, but that is just the latest in a long and growing list of items on the wishlist. In case they didn't get the memo, Kiwis voted for cuts at the last election. If we're doing our bit, the government ought to do its bit. That's the politics of it. The economics have been up for debate. Net core crown debt has more than doubled on pre-Covid to $182 billion or 42.6% of GDP. Like our tourist arrivals, debt has unfortunately not returned to normal pre-Covid levels. Some of this is inflation but much of it is not. There's spending that went too far and got baked in. A couple of things to note. Yes, government debt is low compared to other OECD countries. But, the credit ratings agencies are telling us we must get back to surplus and start paying it down. If you risk a credit downgrade, then borrowing costs you more. We're already spending more financing debt than we do on defence, Police, Corrections, Justice, and Customs combined. And remember, we're the shakey isles with huge exposure to trade. We need headroom to borrow big if shit hits the fan. Ask any economist or the person who runs your household and they'll tell you borrowing for everyday spending is a bad idea. We've been doing that year, after year, after year, and Willis is actually still doing more of it. If that's enough to convince you on debt, here's the kicker. The real doozy. Private debt. We have student loans and business debt and houses. We love houses. Loads of mortgages, and the problem is how much we owe and who we owe it to. Household debt is 120% of GDP and higher than America, Spain, Germany, Ireland a bunch of other countries. What's worse, much of it is owed to foreign banks. We don't have enough savings to lend to ourselves. This makes us more vulnerable as a country, keeps Reserve Bankers awake at night, explains why Nicola Willis's nickers are always in a twist when it comes to getting the government's debt levels down. Willis could, and many argue, should go harder and faster as she's still spending more than Grant Robertson. But one thing you can be sure of, because it has come from Hipkins mouth repeatedly this week, is that spending and therefore borrowing would be higher right now had they be given a third term.See omnystudio.com/listener for privacy information.

The Finance Minister's keeping a cool head, despite being the subject of some colourful language in yesterday's papers. The Post's Andrea Vance wrote a column on Sunday levelling the c-word at Nicola Willis - as well as Judith Collins, Louise Upston, Nicola Grigg, Brooke van Velden and Erica Stanford in response to the Government's pay equity changes. Nicola Willis says she's used to criticism and insults as part of politics, but she's voiced concerns about the implications for other women. "I always think about other young women who want to go into politics, and I don't want them to think that it's okay to have their gender weaponised against them - and I don't want any young women to think there's a difference between girl maths and boy maths. It's called maths." LISTEN ABOVESee omnystudio.com/listener for privacy information.

There are a lot of remarkable things about that C-word column yesterday, and one of them is that it is still up online, and apparently no one is sorry for this. If you haven't seen this column, let me get you up to speed on this: Yesterday, Sunday Star Times columnist Andrea Vance did something that I would venture no other mainstream columnist has ever done in this country - she called a minister of the Crown a c-word in the newspaper. She didn't write the c-word out, she wrote it as c....The subject of it was the gender pay equity revamp, the minister was Nicola Willis and Andrea wrote - "turns out you can have it all, so long as you're prepared to be a C...." Now, I don't even know how to start explaining to you how wild it is that that happened yesterday, that Andrea dropped the C-bomb in the Sunday Star Times. That word is the 2nd most banned word on radio. We are not allowed to say it - and if we do, go to town on us and complain because somebody is going to get in a huge amount of trouble, and we will be saying sorry. But at least on the radio, to some extent, I think we have the defence of being able to say - Hey, look, it was the heat of the moment and the words slipped out of my mouth. That is not what happens in newspapers. Words don't just slip out onto the paper, you write it down, you consider it, you rewrite it, you reread it. You make sure that every single word is exactly what you mean to say. Nothing about that is in the heat of the moment. And then you send it to your editors, and your editors read it, and they look at it and they go - yep, that's okay, they can go in the newspaper. And that it what happened. Now, I'm not a prude. I am not offended by swearing, I swear myself, and I have also done exactly what Andrea has done. I have said things about ministers that I shouldn't have said, and I've regretted and I've apologized for it. But this is out of hand, what has happened here. There has to be some decorum. I mean, we can hardly complain about anonymous trolls on social media attacking our female politicians when our very own columnists do it in print with their names attached to it. And reverse this, by the way, if you're not offended by it: Imagine it was Jacinda. Imagine that a columnist had written this about Jacinda, how much outrage that would have caused, how cancelled that person would have been. There were other c-words we weren't allowed to say about Jacinda. Cindy was one of them, communist was another. And if you said either of them, people would flip out. Well, imagine how people would have flipped out if we'd said the c-word. It is very hard to respect an argument about how Nicola Willis isn't a real feminist in a column that attacks her in the most un-feminist way, right? It uses the most gendered putdown that you can think of. It uses terms like girl math to basically suggest that she can't balance the country's books because she's a woman. Now for the record, I think Andrea Vance is a fantastic journalist and an incredibly incisive opinion writer, and I think that her editor Tracy Watkins is the best at what she does, but this was a mistake and it lets everyone down when we drag the tone down that badly. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Tonight on The Huddle, Trish Sherson from Sherson Willis PR and Josie Pagani from Child Fund joined in on a discussion about the following issues of the day - and more! Andrea Vance's piece in the Sunday Star Times calling female Government MPs the c-word and accusing Nicola Willis of 'girl math' has copped some backlash. What did we think when we read that? Erica Stanford has been brought on board to figure out how to ban under-16s from social media - what do we make of this? LISTEN ABOVESee omnystudio.com/listener for privacy information.

Just when I thought the issue of pay parity couldn't get any more confusing, the Government has made it so. Yesterday, the coalition government moved under urgency in Parliament to raise the threshold for proving work has been historically undervalued when making a pay equity claim. Under the new legislation, any current claims would be stopped and need to restart under the new higher threshold to show genuine gender discrimination and make sure the comparator settings were right. So 33 current claims will be stopped as a result. ACT's deputy leader and Minister for Workplace Relations Brooke Van Velden, the architect of the bill, said she supported pay equity, but the legislation introduced back in 2020 was problematic. “At the moment, people can choose a comparator for sex-based discrimination across the entire workforce. We're saying let's start firstly at home. If you can find people within your own employer, that would be a good starting point. If that comparison can't be made with a similar employer, that comparison's not there within your industry, if you can't find one there you've got to stop.” Which all sounds perfectly reasonable, because I've always thought how on earth do you compare completely different occupations? As van Velden told Parliament, Health New Zealand admin and clerical staff, as an example, have been compared to mechanical engineers. Health New Zealand librarians have been compared to transport engineers and Oranga Tamariki's social workers have been compared to air traffic controllers. I can't get my head around that at all. Equally, van Velden makes an interesting case about how wide-ranging and unwieldy claims can be drawing in vast numbers of employers. But the Government is moving or has moved so quickly, there's no Select Committee on the bill and as Thomas Coughlan points out in the Herald, officials didn't have time to write up a regulatory impact statement – which is an irony considering the changes were made by Brooke van Velden who is responsible for creating the regulatory impact statement. So before MPs vote on a bill they can have a look at the regulatory impact statement. How much is it going to cost? What are the effects? What are the wide-ranging impacts of introducing this legislation? They don't have that, and didn't have that when they went to vote last night. And as Thomas Coughlan concludes in his piece in the Herald, if the government cannot publish official papers that explain why this is a good idea, the public can be forgiven for concluding this is because it isn't one. It's the optics for me. Absolute optics. How can National champion pay parity in 2020 and champion the very legislation that they're now amending, and then say no, it's unworkable, unsustainable? They actually thought it was a jolly good idea in 2017. National began the process of amending the equal pay legislation in 2016. There's excerpts from speeches to Parliament back in 2020 when the equal pay legislation was introduced doing the rounds on Facebook, and quotes Nicola Willis saying this was a process National kicked off in the last government. “A bill was drafted, things were ready to go, and then there was a change of government – that's when Labour and New Zealand First formed the coalition. So my colleague Denise Lee, who believes very passionately in the concept of equal pay and pay equity, took a member's bill to this Parliament to progress pay equity in the absence of the new government where National had left off.” So she's taken credit for legislation that she now says is unsustainable and un-workable. How can you do that? Well, you can do that when you've got a bloody great hole in your budget, can't you? Yesterday, she said what this is about is ensuring we're clear, transparent and fair to ensure that where those claims are made, they relate to gender based discrimination and that other issues to do with pay and working conditions are raised during the normal employment relations process. So either the bill that that she worked so assiduously on and took credit for in 2020 was drafted poorly, or she's completely changed her mind about its workability. Or they didn't see through what the implications might be? And again, when you pass bills under urgency, which that was in 2020 and which this is now, you get those gaps because you don't have time to look at the far-reaching consequences – remember, there's no regulatory impact statement. So it was passed under urgency in 2020. Maggie Barry, at the time a National MP, harrumphed about it and said, for heaven's sake with Covid going on, we're passing this under urgency, this is a nonsense. But she still voted for it, as did National. And now they're saying it's unsustainable and unworkable. What this looks like is National stepping back from legislation they worked on, recommended and pushed through the House, and in fact took credit for it when it passed, so they can balance their books. It gives their critics all sorts of opportunities to lambast the government for stealing from the poorest paid workers to give rebates to wealthy landlords and tax cuts to the wealthy pricks. I actually happen to agree with the restrictions that Brooke van Velden is imposing, I think that they make sense. But it's a unique gift that this government has to make something right look so very, very wrong. See omnystudio.com/listener for privacy information.

Education Minister Erica Stanford is not alone in forwarding Parliament and ministerial emails to her personal account - with Nicola Willis and Chris Bishop revealing they're guilty of similar acts. The Cabinet Manual says ministers should avoid using personal mobile and email accounts wherever possible. CISO Lens Country Manager Nadia Yousef says Webmail services like Gmail can be safe if you use a strong password multi-factor authentication - but it's not an appropriate tool for Government use. "Long, strong and unique passwords - it's something we talk about all the time and everyone's absolutely sick of hearing it - but they are the silver bullet with multi-factor." LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Finance Minister says she steers clear of emails - following a recent ministerial scandal. This follows 1News reports that Erica Stanford sent pre-Budget announcements to her personal email before they were announced last year - one of tens of examples since she's been a Minister. Her use of personal email could be a breach of the Cabinet manual - which all ministers are obliged to follow. Nicola Willis says she's never really sending emails. "I'm meeting with people face to face or I'm talking to my team and saying - look, could you just make sure that that minister's aware of this. Sometimes we do formal correspondence, letters and the like, but very rarely am I sitting at my keyboard." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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. Lianne Dalziel is a life member of the Labour Party and a former MP and Cabinet Minister. She ran as an independent for Christchurch's mayoralty in 2013 and was the city's mayor for three terms. She writes a regular column for Newsroom.co.nz.Go to this episode on rnz.co.nz for more details

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. 

Three prizes for three good calls this week by the Government. 1) Financial literacy coming to a school near you in 2027, and not a day too soon. In many respects it's the more valuable end of the education spectrum. It's education you can actually use. 2) Nicola Willis and her cutting of the operating allowance from $2.4b to $1.3b. The $2.4b number already had headlines for being skinny, or unrealistic. $1.3b is rabbit out of a hat material. I assume she is telling the truth when she says she has found billions in savings, because you can't run a country on thin air. 3) David Seymour, with more reality check reminders that we have too much Government. In his speech he alerted us to just how much - 82 portfolios, 41 departments and 28 ministers. If ever you wanted an example of bloat, there it is. The portfolio joke is about appeasing people. There isn't an issue or pressure group you can't appease by inventing a label. The real issue is ministers. The good news currently, as Audrey Young in the Herald pointed out this week in her famous marking of ministers annual outing, is most of them are getting good scores and most of them are decent operators. But it is not always the case and too often, with the last Government being your classic example, portfolios are used and/or invented to reward loyalty and/or give people pay rises. Whether you can do the job is secondary. Good governments are run by a handful of talent. In David Lange's day it was the Prime Minister, Roger Douglas, Richard Prebble and David Caygill. With Helen Clark it was the Prime Minister, Michael Cullen, Phil Goff and Annette King. With John Key it was Key, Bill English and Steven Joyce. This time its Christopher Luxon, Chris Bishop, Nicola Willis and Simeon Brown - multiple portfolios at the heavyweight end of the index. Unlike the real world, you will note Cabinet and Government never downsize. The public service can be downsized, but the Government never is. Sadly for Seymour, unlike the other two ideas this week, his isn't real. Financial literacy will materially improve our kids' future. Willis and her austerity will materially improve our economy. If Seymour somehow trims a single minister or ministry, it won't be an idea - it will be a miracle. See omnystudio.com/listener for privacy information.

After a tough few years for inflation, interest rates, and investor confidence, Nicola Willis is charged with not only repairing but expanding the economy. So how will our Minister of Finance and Economic Growth make that happen? Get a preview of the upcoming Budget, and hear how the Minister plans to strike a balance between stimulating growth and managing spending. How will we prioritise investment into key areas like health, education, and defense? How can we reduce NZ’s debt and attract international investing and lending? Can new trade agreements counteract the infamous Trump tariffs? Plus, how the government plans to bring financial literacy into classrooms. For more or to watch on YouTube—check out http://linktr.ee/sharedlunch Shared Lunch is brought to you by Sharesies Limited (NZ) in New Zealand and Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) (collectively referred to as ‘Sharesies’). Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not personal financial advice and provides general information only. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Investing involves risk. You might lose the money you start with. Content is current at the time.See omnystudio.com/listener for privacy information.

I want to talk a little bit more about Nicola Willis' tight budget - I haven't changed my position from yesterday and I'm impressed at how little she's giving herself to play with. But the truth is, it doesn't go far enough - at all. Because understand this - that $1.3 billion that she's given herself in her operating allowance is new spending. As in, take last year's budget and now increase it by $1.3 billion. For context, Nicola Willis spent more money last year than Grant Robertson ever did in any of his budgets - and now she's adding another $1.3 billion to it. Now I understand that this is conventional politics - budgets increase every year. The last time it didn't, the last time we had a zero budget where we didn't add any more money was Bill English's 2011 budget - because we'd had the earthquake. But what that tells you is it's possible to not increase the spending - and I would argue that is exactly what we should be doing at the moment. Because we are in big financial trouble as a country. We are running structural deficits - that means we are spending more every year than we make. If it was a household, we'd be talking about a family spending more than they earn and running up the difference on credit cards every year - but still deciding every year to spend more. That's what we're doing. I think we need to cut big things. Now, I don't want to be accused of being a racist, so I'm reluctant to say publicly that we should cut the Ministry for Māori Development or the Ministry for Pacific Peoples - but I am a woman, so I'm very happy to say we should cut the Ministry for Women. Why do we need it? Why do we need a Ministry for the Environment and also a Department of Conservation? I could go on. But if we don't get real and start running smaller budgets where we spend within our means, something will have to give. And the thing every commentator out there seems to want to cut is your pension - because it's very expensive to the country. Now if I had a choice, I'd keep the pension and cut out nonsense like ministries we don't need and stop spending more every year than we did the last. Like I said, I'm impressed. Nicola Willis is going further than I thought she would - but not far enough if we're actually going to fix the country's books. LISTEN ABOVESee omnystudio.com/listener for privacy information.

On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday, 30 April 2025, KiwiRail's announced the Aratere will be retired this year, leaving us with just two Interislander ferries for the next four years. Education Minister Erica Stanford explains why she's going to introduce financial literacy courses to schools. Heather explains why she's impressed with Nicola Willis' budget announcement - but thinks we need to cut whole ministries to free up more money. Plus, the Huddle debates Wellington City Council voting in favour of allowing 16-year olds to vote in local body elections. 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.

Nicola Willis is looking to further rein in Government spending in next month's Budget - but one expert has warned it won't go far enough. The Finance Minister is slashing the operating allowance from $2.4 billion to $1.3 billion. She's targeting a return to surplus in 2029. NZ Initiative economist Eric Crampton says Government spending has been running too high for years - and cuts need to be made to save the situation. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister has shaved a billion dollars off the government's spending limit with more cuts to public services. Nicola Willis said she's worked hard to avoid the mistakes of austerity budgets of the past, balancing growth with investment. She's confident about getting back to surplus by 2029, saying New Zealand must curb its borrowing. Political reporter Russell Palmer was at the minister's pre-Budget announcement on Tuesday and filed this report.

In a speech on Tuesday, the Finance Minister revealed the operating allowance - that is the new money the government's got to spend is basically being halved, from $2.4 billion to $1.3 billion dollars. Nicola Willis spoke to Lisa Owen. 

The Finance Minister has virtually halved the amount of new money the govenrment will spend in next month's budget from 2.4 billion dollars to 1.3 billion. Nicola Willis made the announcement during a speech on Tuesday, while also giving more clues about what to expect in the not so big reveal. Checkpoint hit the streets to ask people in West Auckland's Avondale what government spending is important to them. Gareth Kiernan, Infometric's Chief Forecaster spoke to Lisa Owen.

A former Finance Minister says cutbacks to public spending need to be seen in context. Finance Minister Nicola Willis has confirmed a drastic cut to the operating allowance in next month's Budget, from $2.4 billion to $1.3 billion. There will be no new funding for most Government departments, with the focus being on priority areas and paying off debt. Steven Joyce told Mike Hosking there's still scope to reduce spending. He says Government spending has doubled in the past eight years while inflation has only gone up about 30% in the same time. Joyce is also saying there's growing public appetite for more public sector restraint. The Government's ruling out giving most departments any additional funding in the next Budget, but Joyce says reaching that target will depend a lot on the international economy. However, he told Hosking there are still lots of changes that can be made to bring down government spending. Joyce says making those changes requires a bit of work and requires ministers having a good political radar and knowing what can't be cut. LISTEN ABOVE See omnystudio.com/listener for privacy information.

If Nicola Willis can pull this Budget off, it'll be impressive, because she has written a budget, by the looks of things, that is so tight, there is basically no new money. If you haven't caught up on this, Nicola Willis gave a speech this morning in which she announced she was cutting back her new spending in this budget hugely. Her plan originally was to give herself $2.4 billion extra new money to spend. She's just announced she's cutting that basically in half to $1.3 billion. The last time a finance minister had that little to play with was Bill English in 2015 who gave himself only 1 billion in extra money that year. But it gets even better – because all of that money is already spoken for, last years budget promised this year's budget would spend an extra $1.4 billion on health. Which basically means her $1.3 billion in new spending is already gone on that $1.4 billion health promise ... and she still has to find $100 million to make up the difference. AND ... she's got to find another $150 million for the 26 new cancer drugs that were promised halfway through last year. So what that means is ... she has no new spending. In fact, add those two together and she's already $250 million in the red and she's going to find that by cutting public spending in other places. This is good. Because you don't need me to tell the public service has got bloated and the spending of taxpayer money happens way too easily. Especially after Grant Roberton's free for all and going through spending with a fine-tooth comb and cutting what isn't good or necessary is not a bad thing. It is a good fiscal discipline and the country will be better off for it. I for one am pleased that we will not be going to this year's budget wondering what we're each getting out of the lolly scramble But instead, wondering how much has been cut and from where. See omnystudio.com/listener for privacy information.

The Government's plan to reduce the operating allowance from $2.4 billion to $1.3 billion is the smallest amount of new spending in a decade. Finance Minister Nicola Willis has decided to make departments metabolise their own spending in order to get books back into surplus. New Zealand Herald Political Editor Thomas Coughlan talks to Heather du Plessis-Allan about the ‘big' decision, KiwiSaver subsidies and Tory Whanau dropping out of the Wellington race. LISTEN ABOVE. See omnystudio.com/listener for privacy information.

The Government is set to half its operating allowance, through a $1b cut in the upcoming budget. It means a small number of government departments will receiveadditional funding this year. Finance Minister Nicola Willis talks to Heather du Plessis-Allan about the cut. LISTEN ABOVE.See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

The Finance Minister is calling on Auckland Council to be transparent about its Waitākere Ranges management plan. The proposed plan would see Iwi, the Department of Conservation, the Council and local boards on a committee. Finance Minister Nicola Willis says she's heard a range of views about whether or not it equates to co-governance. She says they should come clean about it to reduce confusion. "And I think they should be very clear with their ratepayers about what they're doing - and why they're doing it." Auckland Councillor Richard Hills says the board doesn't have final say and is only for consultation and suggestions. LISTEN ABOVESee omnystudio.com/listener for privacy information.

There's a new push for changes to the FamilyBoost scheme, after the Government incorrectly estimated the number of families eligible. New data shows 249 families have received the maximum payment of $975 dollars a quarter since the scheme came into effect last year. 21,000 were originally forecast to be eligible. NZ Herald political editor Thomas Coughlan explains the impacts that come with this. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister is preparing to tweak the Family Boost payment plan, admitting IRD had the wrong numbers on eligible families. Data to April 9 reveals 249 families received the maximum payment of $975 dollars a quarter - since the scheme came into effect last year. Nicola Willis had said 21,000 families were eligible when launching the policy, but now concedes the modelling was wrong. She says she wants to make sure families in need get the money. "We put aside hundreds of millions of dollars for this policy because the uptake has been lower than the IRD basically estimated - we're not on track to actually get all that money out the door." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Now, listen, I hope that this ACC business is a Scott Simpson problem and not a National problem, but I'm starting to get a little worried about it - because this is at least the 3rd case of race-based stuff still happening under National when we thought National was going to put a stop to it. I mean, with the free GP visits in Hawke's Bay for Māori and Pasifika kids and no one else - at least that stuff could be blamed on rogue public health staff, and it was killed as soon as we discovered it was happening. And at least with the co-governance stuff that's going on in the Waitakere Ranges - at a stretch, we may believe that the Government didn't know about it. Maybe. But this ACC stuff, the minister knows about. And even though he was told about it, he's not gonna stop it because as I told you in the Newsroom article, he stands by ACC - and he thinks it's okay.Now, I reckon this is gonna be just a little disappointing to a whole bunch of voters who put this Government in power to stop this race-based stuff that Willie Jackson and the Labour Party were pushing. And who would have thought that that directive to the public service that went out last year telling the public servants to stop the race-based stuff was actually going to stop the race-based stuff? National needs to cut the stuff out. They need to stop this. They either need to stop it themselves or they need to go along to to Scott Simpson and tell him to stop it, because otherwise, a lot of voters are gonna wise up to exactly what ACT was warning us at the election - which is that National is not actually going to change anything. National is just Labour in blue clothes. And if you think I'm going too far saying that, just take a look at what is going on. I'll remind you, Nicola Willis has spent more in her last budget than Grant Robertson ever spent. Scott Simpson clearly loves himself a little race-based target. Now, what did we complain about ad nauseam with Labour? We complained about too much spending, but we've still got that going on. We complained about too much racial division - we've still got that going on. So how is this any different currently? As I say, National needs to cut this out, or it needs to risk losing voters to its coalition partners, because the coalition partners at this stage are actually taking a tougher line on this stuff. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister has adamantly denied any suggestions of the Government trying to interfere in the Reserve Bank. Critics have raised concerns that the Reserve Bank's temporary Governor and Chair are acting to appeal to Nicola Willis' interests. NZ Herald Wellington business editor Jenee Tibshraeny explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

There's less than a month to go until the 2025 Budget is unveiled - and the Finance Minister has been clear about the goals she aims to tackle. Nicola Willis says New Zealand has been in a significant deficit since 2019, and she's determined to get back into surplus by 2027/2028. She explained getting the country back into surplus will help to pay down debt. "We're borrowing every day right now to keep our hospitals, schools and police going - but we can't do that forever as a country, we need to get the books back in balance." LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister has unveiled a major reduction to the Central Bank's planned spending. The Government and the Reserve Bank have agreed to reduce operating expenses by a quarter in the coming year. They've signed a five-year funding agreement, allowing $750 million of operating expenses, well below the $1 billion the Bank was asking for. NZ Herald political editor Thomas Coughlan unpacks the announcement further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister is confident in the operational funding she's giving the Reserve Bank. Nicola Willis has signed the bank up to a new five-year agreement - 25 percent under the billion dollars sought by the central bank. Willis says she's peeled back the $200 million a year the Reserve Bank had budgeted for - to $150 million. "Not just - are we taking it back to that figure? But we're saying, we want you to stop this pattern of the number escalating every year. We want that to hold steady." Willis says the 750-million dollar budget gives the Bank enough to carry out its statutory functions well. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Finance Minister says the Government is still looking to alleviate the impact of the US' tariffs on New Zealand. New Zealand's current rate is at 10 percent - in line with a majority of other countries. Nicola Willis says officials are determined to engage with their American counterparts to work out a solution. "We're pointing out that our tariff regime is very limited towards the US...we have very few non-trade barriers and as far as possible - we'd like to grow the trade between our two countries, so we'd prefer no tariff." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Donald Trump says the changes to his tariff policy show he's flexible. He's put a 90-day pause on additional tariffs and lowered tariffs on all countries to 10% – except China. Instead, Trump hiked China's rate from 104% to 125%. He's thanked Americans for bearing with him and promised better days are coming. Finance Minister Nicola Willis told Mike Hosking things are uncertain, but their view is that we need to stay the course. She says they can't controll what happens elsewhere in the world, but they can control what they do here at home. LISTEN ABOVE See omnystudio.com/listener for privacy information.

On the Mike Hosking Breakfast Full Show Podcast for Thursday 10th of April, Trump put a pause on tariffs, sending the stock markets through the roof, so we look at the resulting scramble. The Government has said we must buy wool. Can they enforce this or is it anti-free trade? Former Williams F1 team manager Peter Windsor gives us his thoughts ahead of the Bahrain Grand Prix. 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.

On Sunday, Finance Minister, Nicola Willis, announced plans to combat the supermarket duopoly between Foodstuffs and Woolworths. This could include breaking-up or restructuring the current chains, with Cabinet also announcing a formal request for information, or RFI, into the matter. For our weekly catch up, News and Editorial Director and Monday Wire Host, Joel,  spoke to Te Pāti Māori's Takutai Kemp about this announcement, and whether she, and the party, thinks this will be enough to address food accessibility in Aotearoa. We also discussed the comments made by Green MP, Tamatha Paul, about the police, and whether she believes these comments have become sensationalised. Finally, we discussed the party's calls for mandatory police body cameras. But first, they started off by asking Kemp about how the party are feeling about Nicola Willis' most recent announcements into the supermarket duopoly.

This week on the Monday Wire: For our weekly catch up with Te Pāti Māori's Takutai Kemp, News and Editorial Director and Monday Wire Host, Joel, speaks to her about Finance Minister, Nicola Willis' plans to combat Aotearoa's supermarket duopoly, Green MP, Tamatha Paul's comments about police, and Te Pāti Māori's recent calls for mandatory police body cameras. For our weekly catch up with The ACT Party's Simon Court, Joel speaks to him about the Resource Management Act, or RMA reforms and concerns about the country's health and police system, following an 11-year old being misidentified as a 20-year old by police, and administered antipsychotic drugs. On Friday, they spoke to the spokesperson for People Against Prisons Aotearoa and Criminology Lecturer at the University of Auckland, Dr Emmy Rākete, about Tamatha Paul's comments about police practices in the country, the reaction they have received, and whether the reaction has been justified. They speak to the Chief Executive Officer of Consumer NZ, Jon Duffy, about Nicola Willis' plans to combat the supermarket duopoly and how the organisation are feeling about these developments. On Friday, they also spoke to a Senior Politics and International Relations Lecturer at the University of Auckland, Tim Fadgen, about US President Donald Trump's ‘overreach' in American universities, and if we should expect similar occurrences at New Zealand universities. And Global Innovator, Matt Hart, joins Joel in studio to continue our discussion around the Netflix series ‘Adolescence,'  fandoms, and exploring the role of soft power. Whakarongo mai

As briefly touched on earlier, changes to how the supermarket duopoly in the country have been put forward by Finance Minister, Nicola Willis. Currently there are only two major supermarket chains in the country: Woolworths and Foodstuffs, with this move aiming to establish alternative options to how these companies operate. News and Editorial Director and Monday Wire Host, Joel, spoke to the Chief Executive of Consumer NZ, Jon Duffy, about these developments, and how the organisation are feeling about them. They started off by asking him how much of a concern the current duopoly is.

The Economic Growth Minister says overhauling the supermarket sector will deliver benefits for grocery shoppers. Nicola Willis spoke to Corin Dann.