Deloitte Budget commentary — 26 May 2016
Finance Minister Bill English has delivered Budget 2016 to the nation. His eighth Budget confirms the government’s books are in relatively good shape – at least for now. But a combination of factors, including our ageing population, will impose huge fiscal pressure on the country in the coming decades. How does Budget 2016 position New Zealand’s economy for success in the long term?
Deloitte’s team of experts has analysed this Budget’s major announcements and their likely impact on New Zealand business and the wider economy. We’ve looked in-depth at the challenges facing our healthcare system, cybersecurity as a driver of business growth, the Christchurch rebuild as it shifts gears from recovery to regeneration, and the debate around multinational tax avoidance. We’ve also taken a closer look at the Maori economy and suggested a framework for measuring social outcomes as the social investment approach becomes a more mainstream way of working in the public sector.
For full commentary and analysis of the Budget’s key elements, click the button above.