The head of the NZ Defence Force has signalled plans to cut back on spending and “reprioritise” resources in the coming years, which National fears could be a sign of further cuts to come.
The head of the Ministry of Foreign Affairs and Trade has made a blatant bid for more money in this year’s Budget - and it seems likely his prayers will be answered.
The new Government's self-imposed debt target is limiting its ability to borrow to fix growing infrastructure deficits. Bernard Hickey reports it will be forced into fancy and expensive financing tools such as PPPs and infrastructure bonds.
1. Grant's Budget belt big enough -- just
In this morning's email we discussed the unexpected items in the Budget area discovered by the incoming Government.
The DHB funding blunder will not go away, with fresh details raising questions about a rogue Ministry and when exactly the Government knew something was wrong. Shane Cowlishaw reports.
Labour has revealed details of its family package, which would see it scrap the Government’s planned tax cuts in favour of diverting the money to families.
The Government knew about a blunder that saw DHBs allocated incorrect funding the day before the Budget, but released statements boasting about the individual cash injections anyway.
The Government has begun doling out its Auckland treats, with details of new education spending announced.
There were shades of red in the keystone of National’s Budget – a family package aimed at those on the lowest incomes. But is it a symptom of a Government really trying to help the bottom rung, or simply an election sweetener?