18 Mar 2024

Return to budget surplus could take longer than promised

From Morning Report, 8:10 am on 18 March 2024

The Finance Minister Nicola Willis is refusing to guarantee tax cuts will happen in July.

Willis says she cannot confirm that the Government will be able to deliver tax cuts in July as outlined in the coalition agreement.

Willis told Morning Report the Government still intends to roll out its tax cuts, but it is subject to Cabinet discussions and she cannot give a cast iron guarantee that it will happen

She says the Government will not need to borrow to meet its tax cut commitment.

Political commentator and former National party ministerial adviser Brigitte Morten spoke to Ingrid Hipkiss.

Brigitte Morten worked for the National party and Nicola Willis in the lead up to the election.