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Luxon's Budget Cut: Tighter Spending Ahead
Description
Prime Minister Christopher Luxon unveils a significant budget cut, slashing the governments operating allowance by $300 million. This move sets the stage for Budget 2026, focusing on tighter spending amid rising costs. Luxon delivers a strong pre-budget speech, ruling out a grand coalition with Labour. Despite polls showing National hovering around the 30% mark, Luxon remains optimistic about the budget cuts long-term benefits and its impact on the election narrative.
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