About 61,000 families will be worse off as a result of a move to income-test the Best Start tax credit in the first year of a baby's life, a regulatory impact statement prepared by officials shows.
You will not see the name Donald Trump anywhere in the Budget Economic and Fiscal Update, but the United States president looms large over the financial predictions contained within.
An increase in default KiwiSaver contribution rates announced in Thursday's Budget could leave KiwiSaver members more than $100,000 better off at retirement.
The government is putting more money into hiring local journalists, but cutting Radio New Zealand's (RNZ) budget. Budget 2025 includes $6.4 million over four years to hire journalists in heartland...
Major investments in hospitals, mental health facilities, school buildings, rail and roads are being funded in Budget 2025, Infrastructure Minister Chris Bishop says.
Austerity and cuts are the themes the opposition is focusing on in its criticism of this year's Budget, while the Prime Minister hit back at the Greens.
For the health sector it's largely a 'no surprises' Budget, with all the big-ticket items having already been announced - including a $447m boost for primary care, urgent and after-hours care.
The government is changing the way KiwiSaver works by increasing the default amount employees and employers contribute, and decreasing its own contribution.
From changes to Kiwisaver and benefits, to a tax break from businesses, and changing economic forecasts, here's some of the major announcements made today.