12 Feb 2024

Coalition's first budget to be unveiled on 30 May

4:18 pm on 12 February 2024
National MP Nicola Willis

Finance Minister Nicola Willis says the government is focusing on putting more money in people's pockets. Photo: RNZ / Angus Dreaver

Finance Minister Nicola Willis has announced the coalition's first Budget will be unveiled on 30 May.

The Budget was expected to lay out the government's tax relief package, and Willi said it would also include plans to rebuild business confidence and restore the Crown's finances.

She accused the previous Labour government of mismanagement of the economy and the Crown's finances, leaving "a legacy of high inflation" and wasteful expenditure.

"This coalition Government is focusing on putting more money in people's pockets, delivering better value for public money and enabling private enterprise," Willis said.

The government's Budget priorities will be set out in the Budget Policy Statement which will be delivered on 27 March.

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