Follow along with RNZ's live updates above
The government's cuts, savings and new spending have been revealed in this year's Budget.
At 2pm, the government opened its books and revealed Finance Minister Nicola Willis' second Budget.
Willis is calling it the 'No BS Budget', while Prime Minister Christopher Luxon is labelling it the 'Growth Budget'.
Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
There are big cuts and savings, changes to Best Start and a surprise tax cut for businesses as the government opens the books.
The 'Growth Budget' has shifted billions of dollars in funding towards health, education and defence. Kate Newton breaks down the big numbers.
Explainer - Budget Day is coming on Thursday, but what does it all mean? RNZ is here to tell you what you need to know. Video
The government is changing how much savers have to put in, how much the government chips in, and who gets anything at all.
From changes to KiwiSaver and benefits to a business tax break and savings from pay equity changes, here's the key parts of Budget 2025.
for ad-free news and current affairs
