The Finance Minister explains a one-billion-dollar pre-budget allocation for potential transport spending changes and a contingency fund for rising fuel prices, emphasizing transparency and preparedness while countering claims of lack of transparency from the previous government.
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Uh well, no, we were completely transparent, which is that we provisioned for it for exactly that reason. I'd just like to give you a bit of context, Andrew. In their pre-election update in uh 2023, Labour had pre-allocated more than half of the twent twent budget 2024 budget, and about that much of the following two budgets, they had allocated almost nine billion dollars worth of spending from the budget 24 budget. Uh, that is not what is happening here. It's a very small pre-allocation uh relative to that. And as I say, we're intending to take um further work on that, so it may be that we unwind some of it, but either way, we'll be completely upfront. Look how you've changed about those costs.
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