Budget 2024 fails the most important tests
This Budget highlights the Government’s priorities, favouring tax cuts and reduced spending over essential investments. With an additional $17.1bn in borrowing by June 2028 due to nearly $10bn in tax cuts, it contradicts promises of fiscal responsibility. Significant cuts in education, health, and climate initiatives show a preference for short-term gains over long-term stability. This approach risks rising child poverty and financial insecurity, prioritising political survival over New Zealand’s real investment needs.
Budget 24 Related
- NZCTU slams Government cutting disabled workers wages as disgraceful
The NZCTU is slamming a decision by the Government in Budget 2024 to cut a programme which ensured that disabled workers are paid the… Read More »NZCTU slams Government cutting disabled workers wages as disgraceful - New Zealand not in Better Health after Budget 2024
The NZCTU has analysed the health spending at Budget 24 in conjunction with ASMS and NZNO. Health funding was central during the election campaign.… Read More »New Zealand not in Better Health after Budget 2024 - Budget 2024 fails to deliver investment that New Zealanders need
Budget 2024 is placing this governments ideological wants before real New Zealanders’ needs. “Tax cuts and spending cuts are favoured over addressing the cost-of-living… Read More »Budget 2024 fails to deliver investment that New Zealanders need