Michael Cullen today announced his ninth budget called by Don Brash the Bondi Budget. Aptly named because more New Zealanders will move to live in Bondi according to Dr. Brash.
Here at tax blog we have extensive coverage of the budget or at least we’ll tell you about other peoples analysis. The key point from the budget was that there were no tax cuts. This is an issue which continues to fester, and give the government headaches. They are in a double bind, ,if they grant tax cuts they will be selling out their core voters, in they don’t they may lose ground in the middle, and middle income earners pay more tax than Australian middle income earners.
Full text of Cullens speach for those with too much time on their hands
Useful brief coverage for those short of time.
Expert analysis in case you are interested in what the experts think.
Details on the boost in transport spending.
Reaction from the other political parties .
The Public’s view of the budget.
Details of the education policy announced in the budget.
Broadcasting and Creative given more money
General coverage of the ‘investment budget’.
More general coverage of the budget.
Business responds to budget.
Economists react to budget with yawns.
Science and research given more money in budget.
Tourism given funding boost in budget.
Budget consistent with credit rating – S & P