Tags : Budget

Speech – Budget 2021

Mr Speaker Over the last few weeks the leader of the opposition has had a habit of calling almost every document she happens upon a secret agenda.  A commissioned piece of work. A publicly available document on a website.  And more recently, her own caucus minutes. I thought I’d get in front of any such […]readmore

Main benefit boost: up to 33,000 children lifted out of

Weekly benefit rates lifted by between $32 and $55 per adult, in line with a key recommendation from the Welfare Expert Advisory Group (WEAG).·         In total, 109,000 families and whānau with children will be, on average, $175 a week better off as a result of changes made by the Government since 2017.·         Student living support will increase […]readmore

Budget shows stronger than expected economic recovery

 Economic growth expected to rise from 2.9 percent this year to 4.4 percent in 2023.·         Projected 221,000 more people to be in employment over the forecast period, with unemployment set to decrease to 4.2 percent.·         Deficit to fall from 5.3 percent of Gross Domestic Product (GDP) in 2022 to 0.6 percent by the end of the forecast period […]readmore

An economic recovery for all New Zealanders

Projected 221,000 more people to be in employment over the forecast period, with unemployment set to decrease to 4.2 percent.·         Up to 33,000 children to be lifted out of poverty on the after housing costs measure, benefits boosted by between $32 and $55 a week.·         $57.3 billion infrastructure investment over five years, including $11.6 billion for housing.Budget […]readmore

Pre-Budget speech to Business New Zealand

Kia ora koutou katoa It’s great to be here today, at our now-regular event in anything-but-regular times. I last spoke to some of you in mid-March. That was an opportunity to reflect on an extraordinary 12 months, but also to reflect on how the future was shaping up. In what has truly become a sign […]readmore

Economic resilience provides more options in Budget 2021

Securing the recovery and investing in the wellbeing of New Zealanders is the focus of Budget 2021, Grant Robertson told his audience at a pre-budget speech in Auckland this morning. “The economy has proven resilient in response to COVID-19, due to people having confidence in the Government’s health response to keep them safe.  Unemployment has […]readmore

Crown accounts again better than forecast

The economic recovery from COVID-19 continues to be reflected in the Government’s books, which are again better than expected. The Crown accounts for the eight months to the end of February 2021 showed both OBEGAL and the operating balance remain better than forecast in the Half Year Economic and Fiscal Update (HYEFU) released in December last […]readmore

Budget 2021 date announced

Budget 2021 will be delivered on Thursday 20 May, Finance Minister Grant Robertson announced today. “My focus continues to be on making sure spending is targeted at the areas and people that need it the most. “We will manage the books carefully including ensuring we are getting value for money in all areas of Government […]readmore

National has $4 billion mistake in its economic plan

A basic error has left a $4 billion gap in National’s economic plan, Labour Finance spokesperson Grant Robertson says.  “If National can’t even do the basics required on their own policy costings, they cannot be trusted to run the country. Making mistakes like this have real world consequences that New Zealand does not need in […]readmore

National’s transport plans an uncosted, unfunded shambles

Confirmation that National hasn’t even costed the centre-piece of its transport announcement yesterday is a further sign of the shambles in the Opposition, and raises serious questions about National’s competence,” Finance Minister Grant Robertson says. “The Brynderwyn and Kaimai tunnels weren’t just a side note to the announcement. They were literally the “first” projects Judith […]readmore