Grant finds some pocket change

Stuff reports:

Finance Minister Grant Robertson has revealed the Government has found $4 billion worth of savings and “reprioritisations” as he aims to strike a “balanced” approach to spending to see people through the hard times.

This is $4 billion over four years, so it is maybe $1 billion less annual spending.

Crown spending is now a staggering $150 billion a year, so it is around a 0.7% saving.

Another way of looking at it is Grant has increased crown spending from $99 billion in 2017 to $150 billion in 2022, and this reprioritisation is 2% of the increase he has overseen.