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'Back in balance': Nicola Willis outlines planned return to surplus

Author
Newstalk ZB,
Publish Date
Sun, 9 Aug 2026, 3:57pm
Finance Minister Nicola Willis speaking during the post-Cabinet press conference, the Beehive theatrette, Parliamenti, Wellington, New Zealand, August 03, 2026: Herald photograph by Mark Mitchell
Finance Minister Nicola Willis speaking during the post-Cabinet press conference, the Beehive theatrette, Parliamenti, Wellington, New Zealand, August 03, 2026: Herald photograph by Mark Mitchell

National's promising to stick to three spending guardrails if it returns to Government, and is calling on other parties to follow suit. 

The party's promising a return to surplus in 2028/29  - and bending debt below 40 percent of GDP. 

It's also promising to reduce the size of Government, bringing spending to 30 percent of GDP. 

Finance Minister Nicola Willis joined the Weekend Collective to explain further.

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