Growth or austerity? Unpacking Budget 2025 and what it means for you

The coalition Government has unveiled its second Budget.

Over 20 billion dollars in savings has been found over the next four years, more than half from controversial changes to our pay equity scheme.

There are changes to KiwiSaver contributions, means testing for support for parents, and a major new tax incentive for businesses.

Finance Minister Nicola Willis said that it is a “responsible budget”, while Labour has called it an ‘austerity budget’ that leaves women out and is stealing from our kids.

To break down what this all means for you, today on The Front Page, we’re joined by NZ Herald business editor at large, Liam Dann.

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You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Sound Engineer/Producer: Richard Martin
Producer: Ethan Sills

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