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Budget 2023: Focus on Cyclone Recovery and Cost of Living Crisis in New Zealand

Budget 2023: Focus on Cyclone Recovery and Cost of Living Crisis in New Zealand

The upcoming Budget 2023 in New Zealand will focus on cyclone recovery and helping Kiwis with the cost of living crisis. The government has already a

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The upcoming Budget 2023 in New Zealand will focus on cyclone recovery and helping Kiwis with the cost of living crisis. The government has already allocated funds for flood and cyclone recovery, climate change, education, and the New Zealand Defence Force. The budget is expected to be a “no frills” one, prioritizing support for the current challenges faced by the country. There will be no major new taxes announced in the budget. On Thursday, the budget will be announced publicly, and opposition parties will have the opportunity to comment on its contents. The National Party and ACT Party have outlined their own priorities and policies regarding government finances and tax relief.

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