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Budget 2015 - Scoop Full Coverage - Update #1 21/5/15
Budget 2015 - Scoop Full Coverage
Parliament Live - LIVE Video Of Budget 2015 from 2pm
The 2015 New Zealand Budget will be delivered on Thursday 15 May.
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RELATED
LINKS:
For the full text (when released) of the
budget see...
TREASURY BUDGET 2015 WEBSITE
See also
the BEEHIVE
BUDGET PAGE
For previous budgets see...
BUDGET
2014 - BUDGET
2013 - BUDGET
2012 - BUDGET
2011 - BUDGET
2010 - BUDGET
2009 - BUDGET
2008 - BUDGET
2007 - BUDGET
2007 - BUDGET
2006 - BUDGET
2005 - BUDGET
2004 - BUDGET
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2000
Alastair Thompson: NZ
Budget 2015 - A Budget With Poverty At Its
Heart
Poverty of imagination. Poverty of opportunity. Poverty of ambition. Nothing has changed, really, since 2014. The fiscal stratagem remains fixed. Surpluses at all costs. Then spending restraints remain and any "fiscal headroom" is to be applied to repaying debt until it is paid down to 20% of GDP.
But in a world awash with Government deficits The NZ Govt's NZ's net debt position (reserves less debt) fell in 2014-2015. Anywhere else in the world that would mean we were already in surplus but not here. More>>
Multimedia Coverage:
- Jeremy Wilkinson - Photos from Budget 2015
- Jeremy Wilkinson - Bill English 2015 Budget Announcement - Video
BusinessDesk Coverage
Business Desk - MARKET CLOSE: NZ shares rise; DNZ gains; Spark drops
Business Desk - NZ dollar holds near bottom of range as rate cut eyed
BusinessDesk - NZ credit ratings unaffected by government's 2015 budget
BusinessDesk - New $16 per head arrival fee to hit travellers
BusinessDesk Govt warns KiwiRail annual support won't last
BusinessDesk - Carrot and stick budget measures for low income families
BusinessDesk - NZDMO adds $1 bln to bond programme in 2015/16 year
BusinessDesk - Low inflation, ACC changes slash $3.2B from Crown balance
BusinessDesk - NZ economic growth seen slowing amid low commodity prices
Parliament Today Coverage
ParliamentToday.co.nz - Budget Welfare Bill Sent To Select Committee
ParliamentToday.co.nz - Urgency Motion
ParliamentToday.co.nz - Urgency
ParliamentToday.co.nz - Report Presented, Budget Speech Begins
ALSO:
- TV3 Video - Video: Budget's child poverty changes welcomed
- TV3 Video - Video: Budget 2015 'a politician's budget' AAA Robertson
- TV3 Video - Budget 2015: Benefits up AAA but obligations are too
- TV3 Video - Budget 2015: 5 things you need to know
Weekend Interviews:
BUDGET DEBATE
SPEECHES - AS PREPARED
Metiria
Turei's 2015 Budget Speech: The Abandoned
Generation
Dunne
Speaks on the 2015 Budget
Parliamentary Reaction:
Government/National
New Zealand Government - Children in Hardship Bill passes first reading
Labour
Labour Party - Panic
and back-flips can't hide twin deficits
Labour Party
National
hits the panic button for its 7th
Budget
Greens
Green Party - Reduced spend on refugees undermines resettlement
Green Party - National’s police cuts risk community safety
Green Party - Nasty cuts to Kiwisaver show young NZers are fair game
Green Party - Metiria Turei's 2015 Budget Speech: The abandoned generation
Green Party - Today's Budget still no solution to child poverty
NZ First
NZ First Party - Split Enz ‘I See Red, I See Red, I See Red’
The Maori Party
The Maori Party - Māori Party secures more support for Māori housing
The Maori Party - Māori Party secures essential funding for Whānau Ora
The Maori Party - Māori Party delivers for vulnerable whānau
ACT
ACT Budget 2015: ACT welcomes focus on poorest families
ACT - Budget 2015: Four hundred and thirty hectares? How about 27m
ACT - Budget 2015: Budget could have cut company tax
ACT Budget 2015: Tax burden continues to rise
United Future
United Future NZ Party - Dunne Speaks on the 2015 Budget
Non Parliamentary Political Reaction:
NZ Taxpayers' Union - Taxpayers' Union welcome changes
New Zealand Bankers' Association - Budget 2015 continues responsible economic direction
NZ Taxpayers' Union - National deliver Labour-Green Budget
NZ Taxpayers' Union - Budget 2015 introduces new 'travel tax' on Kiwi families
Health Sector Reaction:
Health Promotion Agency - Palliative care funds and services must filter to rural area
New Zealand Medical Students' Assn - Budget Prevents Doctors from Graduating
Association of Salaried Medical Specialists - Government fails - again - to invest in health workforce
College of Public Health Medicine - College of Public Health Medicine applauds Budget 2015
Education Sector Reaction:
Universities, Polytechnics And Wānanga - Budget tougher for students
Ngati Apa - Iwi leader believes education the key to a better future
Early Childhood Council - Budget will cost average early childhood centres $15,000
Lincoln University- Budget funding boost welcomed
NZSTA - Education budget focuses on learners says NZSTA
NZEI - Hard budget decisions loom for primary schools
VUWSA - Budget 2015: Students left in the doghouse
New Zealand Kindergartens - Budget is a missed opportunity to improve quality in ECE
Union Reaction:
NZNO - Budget 2015 robs Peter to pay Paul
First Union - Budget 2015: Working people miss out - union
PSA - Budget 2015 shows no plans for public sector wages
CTU - Workers are missing out
NZEI - Government more focussed on quantity over quality
NZEI - Hard budget decisions loom for primary schools
NZEI - Budget lack of provision for necessary education pay rises
Global Markets/Futures
HiFX Key budgetary points by HiFX
Banking and Finance
Welfare/Poverty Sector Reaction
New Zealand Plunket Society - Plunket welcomes steps to help families living in poverty
Bridget Williams Books - Jonathan Boston: child hardship package
Nga Taitamariki ki o Nga Puhi - Iwi Chairs Pleased with Budget Commitment to Whanau Ora
Office of the Children's Commissioner - Children’s Commissioner – “Budget a surprise but not a plan”
Salvation Army - Some relief for the most deprived
Salvation Army - Good Boost to Auckland Housing says Sallies
UNICEF - Budget takes small steps for children
Auckland Action Against Poverty - Budget benefit lift a mean trick
PANIC - Annah Stretton: Crisis vs Change
Salvation Army - Good Boost to Auckland Housing says Sallies
Property Council Of NZ - Budget delivers on housing, but not earthquake strengthening
Accountants & Analysis
PricewaterhouseCoopers - Budget : A signal about GST on overseas online purchases
PwC - Budget 2015: Auckland housing – more land for development
KPMG - Budget 2015 – Facing the Future
PricewaterhouseCoopers - Budget 2015: Business as usual for health
Deloitte - Budget aims to addresses Auckland housing but not transport
Deloitte - Budget 2015 brings home reality of a hard economic grind
Deloitte New Zealand - Budget 2015 a missed opportunity for Māori
Business Reaction
Spark NZ - Spark supports Government plans to act on multi-national tax
Wellington Employers' Chamber of Commerce - Budget continues a stable platform for business growth
Financial Services Council - Axing Kiwisaver Kick Start Payment a Terrible Signal
MYOB - SMEs hope for more focus from Government
Chartered Accountants Australia and New Zealand - Budget 2015: Where's the broader long term plan?
Retail NZ - Retailers "Deeply Disappointed" by Budget
Business NZ - Budget 2015 takes an incremental approach
New Zealand Property Institute - Property Institute gives tick to Budget Housing initiative
Employers And Manufacturers Federation - Budget Responsible but Lacking Vision
Tourism Industry Association - Tourism industry opposes border clearance levy
Property Council Of New Zealand - Budget delivers on housing, but not earthquake strengthening
Chartered Accountants Australia and New Zealand - Budget 2015: Where's the broader long term plan?
PwC - Budget 2015: Sticks to tried and tested formula
Deloitte - Budget 2015 refreshingly free of tax changes
Deloitte - Budget 2015 brings home reality of a hard economic grind
Other Reaction
Cameron Brewer - Len Brown fails to convince Govt on transport
Science New Zealand - Science New Zealand on Budget 2015
Oily Rag- Oily Rag Budget 2015
Irrigation NZ - INZ supportive of budget 2015 allocation to water management
Generation Zero - Budget a disappointment for Auckland transport
Kiwis for Kiwi - Kiwis for kiwi welcomes $11.2m to help save Kiwi
(Note see also pre-budget announcements
below)
The Budget Speech
Budget: Hon Bill English Budget Speech 2015
I move that the Appropriation (2015/16 Estimates) Bill be now read a second time. More>>
Executive Summaries
Budget
2015: At a Glance
John Key - Supporting
children in hardship focus of Budget
Bill English -
Help
for families at heart of responsible Budget
Bill
English Newsletter - Message
From Bill English
Fact Sheets
Fact
Sheet 5: Child hardship package as a whole
Fact
Sheet 4 – Increasing Childcare Assistance
Fact
Sheet 3 – Changes to Working for Families
Fact
sheet 2: Increasing benefit rates for families with
children
Fact
Sheet 1: Extending work obligations for parents on a
benefit
Economy
Hon
Bill English Budget Speech 2015
Share
offer funds support education, UFB, rail
KiwiSaver
$1,000 kick-start payment to cease
Books
in good shape as surplus
nears
Infrastructure
$360m
boost for world-class internet connectivity
$52m
to replace wharf at Chatham Islands
Budget
invests $249m extra in transport
priorities
Maori
$12.8m
for new Te Ture Whenua Māori Network
$2.1m
for rangatahi Māori suicide prevention
$35.3m
invested to improve Māori
housing
Education
$373.9m
spending on school infrastructure
Education
investment rises to $10.8b
Further
$113m boost for tertiary education, skills
Opportunities
through Partnership Schools
Extra
$8.2m for vulnerable students
Stepping
up for kids with special needs
Budget
2015 Presentation to Education Cross Sector
Forum
Welfare
Bill English - Help
for families at heart of responsible Budget
John Key
- Supporting
children in hardship focus of Budget
Budget
2015 supports at-risk children
$49.8m
boost for Whānau Ora navigators
Forgiving
debt to encourage child support payments
Extra
support to help more people into work
Commitment
to improved social housing
$790m
package for children in poorest
families
Health
$12.4m
to extend bowel cancer screening pilot
$76.1m
more for palliative care and hospices
Health
investment increases to a record $15.9b
More
support for disabled young
people
Housing
Fund
to facilitate Auckland housing
development
Law, Order, Defence &
Security
$218.6m
to continue improving public safety
New
funding of $164m to support Police
Supporting
the SFO in fighting serious fraud
Funding
boost for New Zealand security services
Government
continues to back NZ armed forces
Research,
Growth And Innovation
$25m
funding for Regional Research Institutes
Art,
Culture And
Sport
Trade and
Foreign Affairs
Border
clearance levy to be introduced
Extra
boost to Customs' border security
Funding
boost for biosecurity at the border
Canterbury
Rebuild
Govt
support for Canterbury rebuild now
$16.5b
Other Stuff - RMA, Business Number,
Kiwis and Animal Welfare
$41.2m
for resource management, water reform
$12.1m
for NZ Business Number
$11.2m
to secure the future of the kiwi
Animal
welfare funding boost in Budget
Parliament Today: Budget and Urgency
Budget 2015: A Budget
to Assist The Poorest?
A people centred budget, which improves the plight of the poorest and most vulnerable Kiwis, is the expectation The Salvation Army has for Thursday's budget.
We look to Government to launch the economic plan that comprehensively addresses housing supply and affordability, child poverty, social and economic deprivation in regional New Zealand said Major Sue Hay Director of the Army's Parliamentary Unit. More >>
MORE:.
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