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There will be further cuts to Government agency spending, to be diverted into priority areas.
Finance Minister Nicola Willis confirmed a $1.3 billion operating allowance – plummeting from the $2.4 billion estimate.
Willis says they've reviewed funding line-by-line.
National’s Mark Mitchell told Mike Hosking they have to cut spending as the reality is the country went from $58 billion of debt in 2017 to $175 billion in 2024.
He says we went from paying $3.6 billion in interest a year to $8.9 billion, and we cannot afford that.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
3.9
1212 ratings
There will be further cuts to Government agency spending, to be diverted into priority areas.
Finance Minister Nicola Willis confirmed a $1.3 billion operating allowance – plummeting from the $2.4 billion estimate.
Willis says they've reviewed funding line-by-line.
National’s Mark Mitchell told Mike Hosking they have to cut spending as the reality is the country went from $58 billion of debt in 2017 to $175 billion in 2024.
He says we went from paying $3.6 billion in interest a year to $8.9 billion, and we cannot afford that.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
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