Live updates: Finance Minister Nicola Willis unveils 'responsible' Budget 2026

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What you need to know

  • Finance Minister Nicola Willis unveiled her ‘tough love’ Budget at 2pm today
  • Government books are forecast to return to surplus in 2028-29 – a year earlier that previously forecast
  • $5.8b in new health operating funding across forecast period
  • $1.773b to extend the Waikato Expressway SH1 - the Cambridge to Piarere Road of National Significance
  • $400m set aside for state highway resilience projects, to keep vital routes open during and after severe weather
  • $447m for Corrections to manage increasing number of prisoners, $50m for frontline police – part of $1.1b uplift in operating funding for Corrections, Customs, Police and Justice
  • You can follow all the details here and watch a 1News Q+A Budget Special on TVNZ 1 and streaming on TVNZ+ from 2pm

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