PremiumUpdatedJenée TibshraenyWellington Business Editor·NZ Herald·28 May, 2026 09:00 PM4 mins to readThe Minister of Finance talks to Katie Bradford about what Budget 2026 sets out to achieve.S&P Global Ratings is underwhelmed by the Government’s efforts to get the books out of the red.Treasury sees the books returning to surplus in 2029-30 according to the traditional Obegal measure, and 2028-29 according to the Government’s new ObegalX measure. This is a year sooner than forecast in December.
Credit rating agency underwhelmed by Govt's belt tightening
S&P Global Ratings wary of how long it's taking to get the books back to surplus.














