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In her first pre-Budget speech, Willis confirmed the Government had hit its savings target of $1.5b of savings a year to fund its tax package.

Today, Willis acknowledged these cuts would go further. The savings would not be funnelled into tax relief, but into fiscal sustainability.

“There will also be other savings in the Budget – quite significant ones,” Willis said.

“What I think is less understood by commentators is that our savings go well beyond tax relief. The Government is making active choices to stop some areas of spending so that we can redeploy those funds to better uses in frontline public services and other Government priorities.”

NZ Herald

Read more here. Discuss it on The BFD.

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