Budget 2024 live Q&A: What to expect in the coalition Government’s first Budget - Liam Dann, Audrey Young and Jenee Tibshraeny

+ Follow our live Budget Day coverage from 2pm today, featuring expert commentary and analysis, hosted by Liam Dann.

At a press conference on Monday, Finance Minister Nicola Willis framed today’s Budget as “unashamedly... for the frontline”.

“Instead of being a confetti of new spending ideas, you’ll also see examples of careful reprioritisation in almost every area of government,” Willis said. “Together, our savings exercise has freed up considerable cash and, as promised, some of this will go to support tax relief.”

That “savings exercise” has seen more than 3000 public sector jobs axed, with more to come. Willis also said on Monday that at least 240 public sector programmes would be scaled down or scrapped altogether in the Budget.

Willis wouldn’t say whether the tax relief in the Budget will be the same as what National campaigned on, but confirmed it would benefit working New Zealanders and would be paid for by a mix of new revenue streams and savings.

As we wait for the details this afternoon, we asked Herald business editor-at-large Liam Dann, senior political correspondent Audrey Young and Wellington business editor Jenée Tibshraeny to tackle your burning questions.

Thanks for your questions and comments. Submissions have now closed so Liam, Audrey and Jenée can get back to reporting.