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https://www.scoop.co.nz/stories/HL1505/S00102/budget-2015-scoop-full-coverage-update-1-21515.htm


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

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