“What’s good in that report is that a lot of the things we’ve focused on to grow our economy – making sure we have a world-class education system, embrace science and technology, get rid of the red tape, have more competition in the markets, international connections to the world and modern and reliable infrastructure are the things we are working on for the long term growth of New Zealand,” he added.
When Burr asked whether the government will be borrowing at all in the Budget, Luxon said his focus is on getting rid of wasteful spending.
But he warned they couldn’t “undo six years of economic mismanagement and vandalism in one Budget”.
But Luxon confirmed the tax relief package is fully funded.
There is much anticipation for the coalition Government’s first official Budget which will be released on May 30.
Watch the full interview above.