Wellington, May 28 (IANS) The New Zealand government on Thursday delivered a restrained 2026 budget focused on fiscal discipline, increased health spending and gradual deficit reduction, while avoiding pre-election giveaways. Delivering the last budget to parliament ahead of the November general election, Finance Minister Nicola Willis said the budget aims to return the government to surplus by 2028-29, a year earlier than previously forecast, driven by tighter spending and rising tax revenue.Ne…
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Wellington, March 19 (IANS) New Zealand Prime Minister Christopher Luxon warned on Thursday of a prolonged Middle East conflict that could disrupt global oil supplies, as the government considers raising its fuel escalation level next week. Kiwi drivers have queued at petrol stations amid the escalation of the Middle East conflict, but Luxon praised New Zealanders’ restraint in avoiding panic-buying at a press conference, saying national fuel supplies remain adequate for now.Finance Minister Nic…