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Labour's finance spokesperson
Robertson described the 2023 mini-budget as "a litany of distractions, delays and diversions which leave the country without any certainty or coherent economic plan". He also claimed that the mini-budget lacked details about their tax cuts and how many cuts they would
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identified 2 time-limited programmes (estimated to be worth at least NZ$ 50 million over the next four years) that, if continued, would cost NZ$ 7.2 billion over the next four years. These affected programmes include the
Healthy School Lunch Programme, International Climate Financing Future,
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Following the mini-budget's release, Willis and
Seymour defended their criticism of the previous Government's spending and reaffirmed the National Government's commitment to delivering tax relief. Willis also said that the Government was open to pursuing tax evaders via the
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The 2023 New
Zealand mini-budget generated NZ$ 7.5 billion worth of savings by stopping 15 programmes including 20 hours of free childcare for two-year-olds (worth NZ$ 1.2 billion), eliminating depreciation for commercial buildings (NZ$ 2.3 billion) and disestablishing the
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claimed that the 2023 mini-budget showed that the
National Government would make life harder for people on low incomes and were "gaslighting" New Zealanders by increasing the cost of living. Shaw took issue with the Government's decision to scrap 20 hours of free
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disputed the
Government's claims that his Labour Government had overspent and stated that the 2023 mini-budget showed that the National Party was "trying to cover up the fact that they didn't put enough money aside to do the basics right in Budget 2024."
128:'s plan to address the cost of living, deliver income tax relief, and reduce the tax burden. The Government's mini-budget delivered NZ$ 7.47 billion in operational savings by repealing or stopping 15 programmes launched by the previous
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also described the mini-budget as a "flop" and claimed that the half-year fiscal debate had little information about how the
Government planned to achieve its spending commitments.
208:(CPI) inflation from 1 April 2024 with the goals of protecting the real incomes of welfare beneficiaries while putting the social welfare system on a more sustainable footing.
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involve to public services. He also defended the previous Labour
Government's efforts to keep public debt low and to boost economic growth by seven percent following the
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stated that the mini-Budget was "so mini it's non-existent for those that are really struggling". She also claimed that the budget would only benefit
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tertiary tuition and training funding baseline pressure, the New
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in May 2024. He also affirmed the
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including 20 hours of free child care for two-year olds, eliminating depreciation for commercial buildings and dissolving the
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These projected savings include NZ$ 1.5 billion from initial baseline exercises: NZ$ 500 million started by the previous
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As part of the mini-budget, Finance Minister Willis also confirmed that the Government would index main benefits to
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told the public not to expect "big cuts" in the mini-budget, which would serve as a prelude to the Government's
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had campaigned on a platform of tax cuts and reducing what they regarded as "wasteful" spending by the outgoing
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had accused the outgoing Labour Government of "economic vandalism" and affirmed the new
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for two year olds and the Government Investment in Decarbonising Industry (GIDI) fund.
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322:Willis, Nicola (20 December 2023).
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271:Green Party
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144:During the
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140:Background
62:Parliament
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518:Archived
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233:COVID-19
76:National
588:By year
229:Pharmac
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160:. The
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