A former National Government Finance Minister says Nicola Willis did well with what she had.  

The Government's Budget includes changes to tax thresholds for three and a half million people.  

Funded through a suite of scrapped spending initiatives, all workers on more than $14,000 a year will receive between $4 and $40 a fortnight.  

Steven Joyce told Mike Hosking that the Finance Minister took a solid first step towards rebuilding the Government's finances.  

He says it also gets the balance right between the private sector and families versus the large and increasing government spend. 

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• Budget 2024: Tax thresholds haven't been moved far enough, expert claims