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Home World New Zealand

Nine-year battle for fiscal hole unit ends as Act and NZ First block Nicola Willis’ proposal

2 July 2025
in New Zealand
0
Nine-year battle for fiscal hole unit ends as Act and NZ First block Nicola Willis’ proposal
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New Zealand will not establish a publicly funded body to evaluate political parties’ election promises for the 2026 election, as Act and NZ First rejected the proposal at Cabinet. Finance Minister Nicola Willis’s plan aimed to amend the Public Service Act to allow parties access to public resources for policy costing, but the coalition Government chose not to advance it.

Explain It To Me Like I’m 5: New Zealand’s government decided not to create a new team to help political parties figure out how much their ideas for the election will cost.

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Tags: 2026A'sACTafter..and..battleBlockbodyCabinetcostCreatedownElectionendsfirstFiscalFor..FundedgettingholeMondayNicolanineyearnzpartiesPoliticalPromisesProposalpubliclyShotunitwillWillisZealand
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