Finance Minister Nicola Willis on Budget 2025

The government's halving its contribution to kiwisaver. Businesses will have to up theirs from 3 to 4 percent over time. They get a tax break in return. Theres an average $14 a fortnight increase to working for families, for low and middle income households. Changes to the pay equity law are saving the government 2.7 billion dollars a year. Finance Minister Nicola Willis spoke to Lisa Owen.