Nicola Willis
speaker
1,507 appearances
29 recordings
3 series
first heard Apr 2026
last heard 2d ago
Nicola Willis’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 29 in all, peaking in Jul 2026 with 7.
Appearances
What I've done is looked at the f forecast projections for the next few years and based on the preliminary forecasts that I'm receiving in the lead up to the pre election update, I'm confident that we can find that cash from the bottom line.
And also stay on track for our fiscal strategy, which has those three key goals.
Returning to surplus in the twenty eight, twenty-nine fiscal year, getting the debt curve bending down, and ensuring that we're reducing overall crown spending towards thirty percent of GDP over time.
So nice and clear those were the three tests for me.
Well, it is the case that we are forecasting borrowing over the next couple of years.
No, no, no more borrowing
Yes, this will not add to the debt project projections that I presented to you at the budget update, although I just want to be clear that that is one point four billion dollars that would have otherwise been available for additional debt reduction or for adding to future operating allowances.
So it does come with a cost and I just want to be upfront about that.
Uh but we've judged that that is the right thing to do because we don't
Want to lift New Zealanders' petrol taxes on the first of January next year.
We don't think that's the right timing.
But if you look at twenty twenty eight, which is when we're proposing to start those five cent hikes, that's a year in which GDP growth will be around double where it is at this year.
Real wage growth will be positive, inflation is forecast to be coming down.
We think that's a time when that uh petrol tax increase can
Yeah.
Whose
Well, that's funding that would otherwise be available for other things.
There's a long there's a long laundry list where
That's right.
I can find that billion dollars.
Showing 481–500 of 1,507 · page 25 of 76
← Previous
Next →