This Budget is focused on growing the economy to help Kiwis get ahead

It is only through a strong, growing economy, that Kiwis can deal with the cost of living and get ahead, and we can and afford public services like schools, hospitals, roads and Police that New Zealanders deserve. 

After a tough few years our economy is starting to recover thanks to National’s careful management. Inflation and interest rates are down, wages are growing faster than inflation, and growth is expected to average 2.7% per year creating 240,000 jobs.

But we cannot take that recovery for granted. That’s why Budget 2025 strikes a careful balance between making the investments our country needs now while driving long- term reforms to safeguard the economic recovery and growth New Zealanders depend on. It is a responsible Budget that secures New Zealand’s future.