Finance Minister Grant Robertson has revealed the Government will reprioritise $4 billion worth of savings ahead of this year's budget. The Government has “re-doubled” efforts to trim excess spending as the economy cools, but will focus on meeting needs in health, education and housing. NZ Herald business editor Liam Dann says $4 billion worth of savings tells the right story, but the overall figure isn't impressive. "The story is careful, balanced, watching every line of the accounts for every possible saving, still trying to do the right thing on services." LISTEN ABOVE

Source: New Zealand Herald May 11, 2023 08:15 UTC