The contents of the Budget will be revealed by Willis in Parliament at 2pm. It will coincide with a protest, organised with help from Te Pāti Māori, descending upon Parliament after midday while the Budget lockup is under way. The Budget will also show the full extent of spending cuts faced by government departments, and how much of those have been redirected to frontline services. However, most attention on the day will be on the tax cuts. The Opposition parties have attacked the planned tax cuts, questioning whether they are affordable and the cuts needed to pay for them.

Source: New Zealand Herald May 30, 2024 02:17 UTC