Podcasts Other The Mike Hosking Breakfast Andrew Kelleher: JMI Wealth Director on the new Government's plan to find savings from the public sector

Andrew Kelleher: JMI Wealth Director on the new Government's plan to find savings from the public sector

Published: Nov. 27, 2023, 6:24 p.m.

Christopher Luxon is heading to his first Cabinet meeting today with a pledge to reduce the public service headcount and redirect resources to the new government's agenda.\xa0

The Prime Minister says he wants to find savings of 6.5% from the public sector.\xa0

JMI Wealth Director Andrew Kelleher told Mike Hosking that that's likely to push up unemployment and ease pressure on the tight labour market.\xa0

He says unemployment was already lifting before the election, but the change of government could contribute to that trend.\xa0

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