Associate Finance Minister David Seymour says this Budget makes a good start in reducing low value government spending, and there is more efficiency to be found in future Budget cycles.
“The coalition Government inherited a dire fiscal situation. Core Crown expenditure increased nearly 70 percent between 2017 and 2023. Debt blew out from $60 billion to $155 billion. But the quality of government services didn’t improve to anywhere near the same extent, and in some cases went backwards,” says Mr Seymour.
“Getting the books back in surplus, and reducing government spending as a proportion of GDP, will require serious discipline over several years.
“We are firmly committed to delivering ongoing savings in the public sector stopping well-intended but low-value policies and programmes.
“On taking office last year, our mini-Budget banked $7.5 billion of immediate savings and new revenue, and we quickly set up a programme to find $1.5 billion of ongoing annual savings across government agencies.
“At the Ministry of Business, Innovation and Employment, for example, I led a cost saving process that found $486 million of savings.
“We are also improving the quality of existing government spending.
“For example, the Government will be delivering a more efficient Healthy School Lunches Programme, saving taxpayers approximately $107 million a year compared to how Labour funded it, by embracing innovation and commercial expertise.
“There is more work to be done to be done to recover from the excessive spending that Labour committed to. In Budget 2025 ministers will continue to examine existing spending to ensure it is delivering value and bring even greater rigour to proposals for new spending.
“Clearly defining the problems that particular programmes are trying to solve is critical. The National-ACT coalition agreement commits to evaluating government expenditure on the extent to which it is either delivering public goods, social insurance, regulating market failure, or is a political choice.
“The coalition Government understands that spending money is not success. It is the results that we get from that spending that matters.
“New Zealanders elected a Government that would get government spending under control and deliver more efficient and effective public services. We make no apologies for starting to put things right.”
No actually you lot are spending more…anyone doubt it go take a look at Taxpayers Union……
Tell me. Why are food prices still going up when interest rates should have stopped inflation? Builders say they can’t build a house and sell it without loss.
This budget is good for David Seymour’s Zionist-based constituency…and no one else!!!
‘Twinkletoes’ is an embarrassment to NZ beginning with ‘Dancing With The Stars’ and his ‘disgusting, un-professional ‘twerking’ forever caught on video…!
Don’t forget that he deliberately missed the critical Firearms Legislation vote during Jabby’s reign.
Wasn’t this ‘Coalition Government’ supposed to restore our Firearms Laws by repealing everything that Jabby did???
One can only imagine what Seymour will be like and have in store for NZ when he becomes Deputy PM…
That will be a loooong 18 months..!
When we lose 1+ million Kiwis as per the 2025 Deagel Forecast to the effects of the Covid jab and Bird Flu jab in the next 2-5 years, that will cut the tax-based income for the Government.
1/4th of the tax revenue may in fact disappear due to on-going Covid deaths, and the Globalist WEF plans to ‘cull the populations’ via deadly DNA-altering vaccines, war, and starvation due to the sabotage of the food supplies!
Perhaps this is why even with cost cutting, the ‘budget’ won’t balance until 2028???
The healthcare, legal and education systems have all been weaponised against the average Kiwi, just as we are seeing the results of the same overseas!