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Budget 2025
Featured Budget 2025 stories
What ethnic communities get from Budget 2025
The Budget includes funding to help reform young offenders, free up police resources and address language barriers in accessing public services.
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Targeted funding missing from Budget, ethnic leaders say
23 May 2025Community leaders want such funds to be used to meet the complex needs of vulnerable and diverse ethnic groups.
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Ethnic leaders seek targeted investment ahead of Budget
21 May 2025Without sufficient and sustainable funding, key services for ethnic communities could be impacted, they say.
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Universities will be weakened by Budget focus on STEM and science - professor
3 Jun 2025The Budget allowed an emergency two-year four percent funding boost to lapse. Audio
Budget 2025 headlines with summaries.
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Protesters confront Willis over pay-equity legislation
Budget documents revealed tightening the pay-equity regime would net the government $2.7 billion every year.
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Health watchdog's operating budget drops $1.9m
30 May 2025The Health and Disability Commission says there is no decision over job losses after losing nearly 10 percent of its funding.
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'Creative ploy': Health budget boost half of size claimed - expert
A leading health systems expert is questioning the government's claim of a "record investment". Audio
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'Harsh': Youth homelessness advocate on Budget
28 May 2025The head of a group that helps the homeless fears proposed changes could push some young people into harm's way.
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'Snuck in' change may cost first-home buyers thousands
Some borrowers could face a bigger bill from 1 July. Audio
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Budget 2025 decisions 'strange and unnecessary' - Labour leader
24 May 2025Labour's leader has used his second speech in a series of regional conferences to attack the government's budget as a series of "strange and unnecessary decisions".
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Greens claim $700m 'uncosted hole' in Willis' Budget
The government could face an unbudgeted funding gap because of one of its own policies, the Green Party says. Audio
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Who's worse off under new KiwiSaver changes?
The increase in contribution rates should make most savers better off - but it won't benefit everyone.
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'Invest in us': The teens feeling ignored by Budget 2025
A group of youths grappling with some of the decisions made by the government expressed their concerns at a post-Budget chat hosted by the Child Poverty Action Group. Audio
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Rabbits, switch-ups and highway robbery: What to call the Budget
23 May 2025Every politician, economist and their dog had their own nickname for the document dubbed the 'Growth Budget' by the government. Audio
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Budget 2025 reaction - as it happened
Chris Hipkins says National talked a big game about getting the country's infrastructure sorted.
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Is the health system taking a hit in the 2025 Budget?
Some question whether the funding will keep up with rising costs.
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Sole trader feels 'ripped off' by government's KiwiSaver cuts
The budget move to halve the government's KiwiSaver contributions has been described as a blow to sole traders.
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What will KiwiSaver changes mean for your balance?
Retirement Commissioner Jane Wrightson said low-income earners, Māori, women and self-employed people will be hit hardest by the changes.
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Retirement saving for 80% to increase under KiwiSaver changes - analysis
That's despite the reduction in government contributions to member's balances.
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So what do business owners think of 'investment boost' package?
22 May 2025The boost allows the deduction of 20 percent of the cost of new assets on top of normal depreciation.
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Budget: Māori question lack of targeted funding
23 May 2025But David Seymour says there should be no such thing as Māori funding.
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Māori education gets boost, targeted funding remains tight
22 May 2025$54 million in operational funding and another $50 million in capital funding has been allocated to increase Māori learner success by investing in curriculum support and teacher development.
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AgriTech leaders say Budget sows seeds but real growth requires bold vision
Tax incentives and a $100 million venture capital boost signal government support for food and fibre innovation but agritech leaders say it's time to step up with a bold national growth strategy. Audio
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Sunken Manawanui listed as $77m write-off in Budget
24 May 2025A $77 million write-off of the Navy ship HMNZ Manawanui, which sank off Samoa last October, is contained in the Budget papers on defence.
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KiwiSaver at a crossroads: Another missed opportunity to fix NZ's retirement scheme
25 May 2025Analysis: Changes to KiwiSaver laid out in this year's Budget undermine what was already an underperforming scheme.
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'When did it become okay?': Budget leaves blood cancer patients behind
24 May 2025No new funding for blood cancer medicines in Budget 2025 denies patients acces and causes harm, say patients, advocates and doctors.
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KiwiSaver is now means-tested, so why aren't pensions?
23 May 2025Commentators say it's "incoherent" the rules are being tightened on young people because it's "politically risky" to touch pensions. Audio
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Taumarunui rail yard ready for economic rebirth
23 May 2025The Ruapehu district mayor says it's a turning point for the central North Island town.
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