Nicola Willis: National Finance Spokesperson names five ways govt can stop prices from spiralling out of control

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Recorded18 Jul 2022

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There is disagreement over how much the Government can do to address rising inflation.Consumer prices have increased 7.3 percent in the year to June, the highest inflation rate in a generation.National Finance Spokesperson Nicola Willis told Roman Travers there are five things the Government could be doing, to stop prices from spiralling out of control.“Reduce government spending, fix the immigration pathway, stop adding costs to business, get the Reserve Bank focused on it’s job, provide permanent income tax reduction.”But Finance Minister Grant Robertson says slashing Government spending would do little to offset rising global prices.“It’s a result of Covid, it’s a result of what’s happening in Ukraine it’s a result of supply not meeting demand.”LISTEN ABOVESee omnystudio.com/listener for privacy information.

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