Oct 12, 2026 · 8 min · 8 segments
National claims it has a credible path for paying down the country's debt. The party plans to keep the Budget operating allowance at $2.4 billion —matching Labour's— and return to surplus in two…
Nicola WillisGuest
Mike HoskingHost
I- is your advantage, has been, uh, your advantage being the fact that you do have a track record because you're in government as opposed to Labor, who don't.
How much of the seven and a half is real because you know you can do it versus you hope you can do it? Because beyond this year, p- perhaps next year, who the hell knows?
Ours is real because we've shown a track record of living within tight operating allowances.
In fact, our operating allowances have been smaller than that which we campaigned on, whereas Labor's track record is that every single time they blow out the limits they set for themselves in a campaign.
They haven't allocated funding for health in the out years, they haven't allocated funding for their public transport fare cap, they haven't allocated funding for the National Land Transport Fund, and they haven't allocated funding for their gold-plated pay equity regime.
... to, to, to be fair, to counter this a bit, they have allocated something to the equity.
I- is your advantage, has been, uh, your advantage being the fact that you do have a track record because you're in government as opposed to Labor, who don't.
How much of the seven and a half is real because you know you can do it versus you hope you can do it? Because beyond this year, p- perhaps next year, who the hell knows?
Ours is real because we've shown a track record of living within tight operating allowances.
In fact, our operating allowances have been smaller than that which we campaigned on, whereas Labor's track record is that every single time they blow out the limits they set for themselves in a campaign.
They haven't allocated funding for health in the out years, they haven't allocated funding for their public transport fare cap, they haven't allocated funding for the National Land Transport Fund, and they haven't allocated funding for their gold-plated pay equity regime.
... to, to, to be fair, to counter this a bit, they have allocated something to the equity.
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