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![Finance Minister Nicola Willis during her presentation at the Budget 2024 lockup, the Beehive, Parliament, Wellington, 30 May, 2024. Photo/Mark Mitchell](https://www.newstalkzb.co.nz/media/umen0c3l/300524nzhmmbudget7-1.jpg?rmode=crop&rnd=133615645979730000&height=395&quality=95&scale=both)
The Finance Minister admits the Budget could have gone further on tax cuts, but it wouldn't have been responsible.
Today's documents included the Government's long anticipated tax package, at a cost of $3.68 billion.
Funded through a suite of scrapped spending initiatives, all workers on more than $14,000 a year will receive between $4 - $40 dollars a fortnight.
Nicola Willis says she was determined that every dollar of tax relief would be fully funded.
"But we also needed to find a lot of money for frontline services. For hospitals, for the Pharmac budget, for our police, for schools - this was the tax reduction that we felt was prudent."Â
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