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Budget 2025: Upward bound

The New Zealand Government’s 2025 Budget will be delivered on 22 May. Our experts share their analysis and commentary in the lead up to, and following, the Government’s announcement.

Setting Aotearoa's economy on track

As has been signalled by the Minister of Finance, Budget 2025 is expected to centre around growing New Zealand’s economy, with a focus on productivity, as well as delivering social investment measures and building out Aotearoa’s pipeline of infrastructure investments.

Our experts will share their analysis and commentary in the lead up to, and following, the Government’s announcement.

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Explore our thinking

Ascending or stalled? What will Budget 2025 mean for future infrastructure?

Infrastructure is the backbone of any thriving economy, and New Zealand's challenges in this area are no secret. From ageing transport networks to the urgent need for climate-resilient infrastructure, the 2026 horizon presents both opportunities and hurdles. The question is: how can the Government ensure the best bang for its buck while staying true to its priorities?

Axing the admin: Will slashing compliance costs be a focus for Budget 2025?

There has been a clear signal from the Government that the cupboard is pretty bare when it comes to funding for new initiatives. The small additional operating allowance in Budget 2025 is unlikely to be splashed in the direction of the tax system - that was the job of Budget 2024.

Speak to an expert

Robyn Walker

Partner - Tax
+64 4 470 3615

John Marker

Infrastructure & Real Estate leader, Deloitte New Zealand
+64 9 952 4220

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