In today's episode, the Finance Minister has announced the government will slash new spending in the upcoming budget, Wellington will elect a new mayor later this year after Tory Whanau confirmed she won't run for a second term, the Canadian election cycle has been dominated by high cost of living and the country's relationship with the US, a huge unexplained power cut took out electricity in Spain, Portugal and parts of France, what lots of households pay for their power bills has increased this month, and the election campaign is heating up in Australia.