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'Conga line': Nicola Willis explains the decision of a bailout instead of ETS changes

Author
Newstalk ZB,
Publish Date
Mon, 20 Jul 2026, 7:37pm
Finance Minister Nicola Willis. Photo / Mark Mitchell
Finance Minister Nicola Willis. Photo / Mark Mitchell

Finance Minister Nicola Willis joined Heather du Plessis-Allan for their weekly chat.

On the Golden Bay Cement bailout, Willis defended the Government's decision to not change the ETS and instead provide funding directly to the company.

"If we had said 'actually no, the ETS doesn't apply to you, Golden Bay Cement', there would have been a conga, well, there could have been a conga line of others who would have said, 'hey, we don't want the ETS to apply to us either.'"

Willis also confirmed that Erica Stanford is expected to make announcements on a potential social media ban in the coming weeks. 

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