Finance Minister Nicola Willis sets Budget Day for May 28

6:53pm

Finance Minister Nicola Willis says she will stay the course of fiscal responsibility, even in election year.  (Source: 1News)

Finance Minister Nicola Willis has announced Budget Day will be May 28.

Willis confirmed the date while presenting the Budget Policy Statement at Select Committee on Wednesday morning.

She promised the Budget would focus on supporting the delivery of core public services like healthcare, education, defence and law and order.

"As has been the case with this government, it will be a responsible budget and it will be a budget that invests in the important things and makes savings to ensure that we can do important things in the future."

Willis said Budget 2026 would demonstrate tight control of discretionary government spending while funding a limited number of priority commitments.

"There will be no splashing the cash," she said.

Finance Minister Nicola Willis with a copy of Budget 2025 during its printing in Petone last year.

"Careful stewardship of public finances is essential to fixing the basics and building the future. Delivering savings and reprioritising existing expenditure will again be features of the Budget.

"These sorts of decisions are always tough, but they are necessary to ensure we can continue to fund the public services people rely upon while getting the books back in order."

The Budget date announcement follows Prime Minister Christopher Luxon announcing November 7 as Election Day last week.

rnz.co.nz

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