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22 Oct 2025 2:48
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  •   Home > News > Business

    Treasury warned the Finance Minister - for caution over National's campaign cancer drugs promise

    Treasury warned the Finance Minister - for caution over National's campaign cancer drugs promise


    Just-released Budget documents reveal advice the 116-million-dollars saved by bringing back prescription co-payments was nowhere near enough to fund the treatments.

    Officials also found the policy would undermine the independent model of drug-buying agency Pharmac.

    The cash for cancer drugs was noticeably absent on Budget day - sparking widespread backlash from patients.

    The coalition later committed more than 600-million-dollars of future spending to boost Pharmac's budget and fund up to 26 cancer drugs.

    © 2025 Newstalk ZB, NZCity

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    The Labour Party is calling for a probe into the Public Service Commission's ads about Thursday's mega-strike action More...



     Today's News

    Environment:
    Multiple highways across the country are closed - as the wild weather continues to rage 21:57

    International:
    What we know about Amazon's AWS outage and why it was such a big deal 21:47

    Entertainment:
    Michael Fassbender is set to star in a new Netflix show about the Kennedy family 21:30

    Accident and Emergency:
    One person has died following a boating incident off the coast of Napier today 21:17

    Entertainment:
    Ana de Armas considers Tom Cruise to be a "dear friend and mentor" to her 21:00

    Entertainment:
    Jennifer Aniston was discouraged from acting by her dad 20:30

    Entertainment:
    Brandy was dehydrated and felt faint when she abruptly left the stage during her concert in Chicago on Saturday (18.10.25) 20:00

    Entertainment:
    Gabrielle Union is giving herself "grace" ahead of her 53rd birthday 19:30

    International:
    Trump begins demolition to prepare for White House ballroom 19:27

    Entertainment:
    Keri Russell finds it "weird" that "everyone has an opinion about the way you look" 19:00


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