Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More
Top Scoops

Book Reviews | Gordon Campbell | Scoop News | Wellington Scoop | Community Scoop | Search

 

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.

CLICK TO JUMP TO SCOOP BUDGET COMMENTARY AND REPORTS
CLICK TO JUMP TO THE BUDGET PRESS RELEASES
CLICK TO JUMP TO BUDGET REACTION
CLICK TO JUMP TO BUDGET PREVIEWS

For the latest headlines and reaction see..
PARLIAMENT WIRE..., POLITICS WIRE..., BUSINESS WIRE..., EDUCATION WIRE..., HEALTH WIRE...

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 2003 - BUDGET 2002 - BUDGET 2001 & BUDGET 2000

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

BUDGET 2015 - SCOOP COMMENTARY / REPORTS

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:

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:

Weekend Interviews:

BUDGET 2015 - THE REACTION - FULL COVERAGE

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
                • Health Funds Association of NZ - Health budget still doesn't address funding model: HFANZ
                • 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

                                    BUDGET 2015 - THE PRESS KIT
                                    (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

                                      BUDGET 2015 PREVIEWS & REACTION

                                      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:.

                                    • Andrew Little's Pre-Budget Speech
                                    • PM's Net to Catch Property Gains Not the Key
                                    • John's panic-Key response to housing crisis
                                    • John Key finally admits there's a housing crisis
                                    • Government finally beginning to see sense on capital gains
                                    • Greens Baby Kick Start a Stolen Policy
                                    • Greens will deliver a game-changer on kids' savings
                                    • Free Thoughts - ACT's budget priorities

                                    • Budget 2015: Two new tourism projects to receive funding
                                    • Budget 2015: Extra property tax measures
                                    • Budget 2015: Taxing property gains fairly
                                    • Budget 2015: $33m boost for Immigration
                                    • Budget 2015: $500m of ACC levy cuts signalled
                                    • Budget 2015: New Afforestation Grant Scheme
                                    • Financial Statements of the Government of New Zealand
                                    • Post-Cab Press Conference on the Capital Gains Tax
                                    • BusinessDesk - RBNZ house alert speech the catalyst for government action
                                    • ENDS

                                      © Scoop Media

                                       
                                       
                                       
                                      Top Scoops Headlines

                                       
                                       
                                       
                                       
                                       
                                       
                                       
                                       
                                       
                                       
                                       

                                      Join Our Free Newsletter

                                      Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.