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Budget 2025: What you need to know

Officially dubbed the “Growth Budget” - unofficially, the “no BS Budget” - Finance Minister Nicola Willis has unveiled where New Zealand's dollars are being spent.

From the outset, she promised no frills or excess – saying for months there’s very little left in the kitty.

Big changes include cuts to Government KiwiSaver contributions, means testing on the financial support parents can access, health investments, and a new tax incentive for businesses.

Listen as we run through the numbers you need to know.

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The skinny

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