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New Zealand's Budget 2025: $6.8B for Key Projects

5/19/2025

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Summary

Story summary

New Zealand's Finance Minister Nicola Willis is set to unveil Budget 2025 on Thursday, navigating a challenging fiscal landscape. The budget earmarks $6.8 billion for vital capital projects, $774 million to support abuse survivors, and $604 million for new medicines. Additionally, it tightens the operating allowance to $1.3 billion while launching a $190 million Social Investment Fund.

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Story summary

New Zealand's Finance Minister Nicola Willis is set to unveil Budget 2025 on Thursday, navigating a challenging fiscal landscape. The budget earmarks $6.8 billion for vital capital projects, $774 million to support abuse survivors, and $604 million for new medicines. Additionally, it tightens the operating allowance to $1.3 billion while launching a $190 million Social Investment Fund.