The Conversation
International · 1 hrs ago
✦ 72◉ Centre
This election year budget is a political tightrope walk for Willis and National
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Quality 72/100
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◉ Centre ✓ Fair headline
New Zealand's Finance Minister Nicola Willis faces a political challenge in delivering an election-year budget, as the National Party cannot campaign on achieving two of its three main fiscal promises from the previous election due to delayed surplus forecasts and rising government debt.
This election year budget is a political tightrope walk for Willis and National
Mark Mitchell/NZ Herald via Getty Images
An election year budget is a government’s pitch for reelection. For opposition parties, it’s a chance to make their case for change.
Unfortunately for Finance Minister Nicola Willis, her National Party can’t campaign on two of its three big fiscal policy promises from the previous election: to achieve a surplus, reduce debt and cut spending on bureaucracy.
With surplus forecasts moved out by years and government debt having risen, that only leaves the bu
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