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Public services savings confirmed, but possibly not complete

Summary by Newsroom
Finance Minister Nicola Willis has confirmed the total dollar savings target from public sector cuts has been met, but the reductions have not been felt evenly across public agencies. Government departments were told to make savings set at 6.5 percent or 7.5 percent where headcount had grown by more than 50 percent since 2017 levels, in an effort to save $1.5 billion. The call came after a range of projects and policies in pieces of legislation …

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Newsroom broke the news in Auckland, New Zealand on Wednesday, May 8, 2024.
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