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The Latest Breaking News from Nicola Willis

Tax cuts and tourist fees in NZ budget 'clean-up job'

Income tax relief for Kiwis and higher fees for tourists have been revealed in the first budget of New Zealand's coalition government.

AAP

Cuts and tax relief take centre stage for NZ Budget

New Zealanders will learn the size of their tax relief when Finance Minister Nicola Willis delivers the right-leaning coalition's first budget.

AAP

NZ Budget 2024: tax cuts and borrowing don’t always fuel inflation – but Nicola Willis has to get the balance right

On the eve of the first budget from the National-ACT-New Zealand First coalition government, there is ongoing debate over whether borrowing while offering tax cuts could trigger a rise in inflation.

The Conversation

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NZ Budget 2024: the coalition needs a circuit breaker – the National Party most of all

When finance minister Nicola Willis stands to deliver her first budget tomorrow, it will be a significant moment for her personally, but also for the coalition government, and her own National Party in particular.

The Conversation

Australian inspiration for Kiwi tax cuts: NZ minister

Nicola Willis will deliver the right-leaning New Zealand coalition government's first budget this week, with tax cuts at the forefront.

AAP

Defence budget boost as New Zealand looks to 'step up'

Foreign affairs and defence will get a funding boost in the first budget of New Zealand's new government despite campaign pledges to shrink the public service.

AAP

No surplus in sight as New Zealand outlook worsens

New Zealand Finance Minister Nicola Willis has pledged to deliver income tax cuts in the May 30 budget even as the government books worsen.

AAP

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New Zealand slips into second recession in 18 months

Political parties trade blame for economic slump that follows aggressive interest rate hikes to tame inflation.

Al Jazeera

Australia, NZ hold trans-Tasman treasurer talks

Australian Treasurer Jim Chalmers has met with his New Zealand counterpart, Finance Minister Nicola Willis, in Sydney.

AAP

NZ PM Luxon rules out Treaty of Waitangi referendum

New Zealand Prime Minister Chris Luxon insists discussions among Maoridom are positive despite concerns regarding his government's agenda.

AAP

NZ government axes $7b in projects as forecasts worsen

New Zealand Finance Minister Nicola Willis says the previous government were "economic and fiscal vandals", revealing a worsening set of economic forecasts.

AAP

Further MPs admit taking Maori classes on public purse

New Zealand's government is being accused of hypocrisy on taxpayer-funded classes after revelations parliament paid for the PM to learn Maori language te reo.

AAP

NZ government cans new Cook Strait ferries

KiwiRail will need a new plan to replace their aging Cook Strait ferries after the New Zealand government shelved their replacements due to cost blowouts.

AAP

NZ government's first law to reform Reserve Bank

The Reserve Bank has been ordered to focus on fighting inflation - and not maximising employment - by the New Zealand coalition government.

AAP

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The Conversation

The government hopes private investors will fund social services – the evidence isn't so optimistic

It was scarcely mentioned during the election campaign, but we will undoubtedly be hearing more about “social investment”.

AAP

New Zealand mini-budget to address 'fiscal cliff' risks

New Zealand faces a multi-billion dollar blowout, Finance Minister Nicola Willis says, as she pours over the government's books ahead of a mini-budget.

The Conversation

Nicola Willis warns of fiscal ‘snakes and snails’ – her first mini-budget will be a test of NZ’s no-surprises finance rules

New finance minister Nicola Willis has claimed she was blindsided by the state of the government’s books. Days after stepping into the role, she said:

Reason

Irish Prison for Edgelords and Hotheads?

Plus: Repealing tobacco bans, UN pointlessness, Substack's "Nazi problem," and more…

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WEKU

New Zealand's new government plans to roll back cigarette ban as it funds tax cuts

Prime Minister Chris Luxon was sworn in on Monday — and strict anti-smoking laws are set to become a casualty of the compromises needed to form a governing coalition.

The Guardian - AU

New Zealand scraps world-first smoking ‘generation ban’ to fund tax cuts

Health experts say axing plan to block sales of tobacco products to next generation will cost thousands of lives

AAP

New Zealand deputy PM down to Seymour or Peters

ACT leader David Seymour or NZ First's Winston Peters will become New Zealand's deputy prime minister after National deputy Nicola Willis ruled herself out.

The Conversation

Winston Peters back in the driver's seat for coalition negotiations

Here go again. The final results of this year’s election have delivered two more seats to te Pati Māori, thereby increasing the size of New Zealand’s 54th Parliament to 123 seats (once the Port Waikato by-election has taken place).

Newsroom.co.nz

Back-channels shift sands on which National’s property and tax package is built

The luxury housing market is gearing up for National to lift the foreign buyer ban for properties over $2 million, but Christopher Luxon faces staunch opposition from NZ First. Jonathan Milne reports.

Newsroom.co.nz

Winston's move next as Luxon and Seymour hold fire

Analysis: Christopher Luxon and David Seymour are in regular contact as they try to get traction on a new government, but with New Zealand First still in the frame there’s little appetite to start formal talks.

Newsroom.co.nz

Campaign contest turns to who is the most negative

The two Chrises from the Hutt are in a war of words over which party's campaign is the most negative and misleading, reports Emma Hatton

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