Finance Minister Grant Robertson

PHOTO: Cameron Bagrie on The AM Show. Getty/The AM Show/Newshub.

An economist is predicting there will be a big spend-up in this year’s Budget, as the Government looks to deliver on its promises of future-proofing the economy.

Finance Minister Grant Robertson on Tuesday morning outlined what to expect in the May 20 Budget, his fourth and the second in the era of COVID-19.

“It’s about transition, moving towards a more renewables economy,” economist Cameron Bagrie told The AM Show on Tuesday.

“There will be a big, strong focus on Maori and Pasifika, the future of work. Those were the priorities detailed in the Budget Policy Statement, and we’ll just be looking [forward to] who gets what.”

In February, Robertson’s Budget Policy Statement said the Government’s goals for the next few years are “continuing to keep New Zealand safe from COVID-19”, “accelerating the recovery and rebuild from the impacts of COVID-19” and “laying the foundations for the future, including addressing key issues such as our climate change response, housing affordability and child poverty”.

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