New Government's Fiscal Challenges and Priorities

In this chapter, Christopher Luxon reveals the deal reached with the media, while Nicola Willis discusses the challenges and fiscal risks left by the outgoing government. They mention the upcoming mini budget, the need for savings and re-prioritization, and discuss surprises in specific areas. The chapter also addresses the impacts of interest deductibility, removal of the foreign buyers tax, and the potential consequences of scrapping smoke-free changes.