8 minutes ago
Finance Minister Nicola Willis delivering her Budget speech in the House.
An end to the Middle East conflict, financial discipline and a return to solid economic growth are being relied on to deliver a quicker return to budget surpluses.
The budget forecasts a return to a budget surplus in 2028/29, a year ahead of the December update, from a mix of an increased tax take, controls on government spending, capital projects, and a reduction in borrowing and debt service costs.
Finance Minister Nicola Willis said the budget was a further step in repairing government finances.













