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Submission on the Public Finance Amendment Bill

Summary by union.org.nz
This submission comments on select aspects of the Public Finance Amendment Bill. The NZCTU opposes the removal of the wellbeing provisions from the Act. These were inserted in 2020 to make clear that the goal of fiscal policy is to support the wellbeing of New Zealanders. The wellbeing provisions help to remind governments of this fact, and in doing so, to avoid focusing narrowly on metrics of fiscal responsibility. Repealing these provisions wo…
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union.org.nz broke the news in on Monday, July 7, 2025.
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