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budget 2011
National
May 25
110,000 families will get less under Working for Families
About 110,000 families will have less money in their pockets next year, of which over 23,000 earn less than $60,000 combined annual income, following cuts to Working For Families unveiled in the budget.
National
May 25
Budget will balance the books - at a price
The Government has delivered a budget that will bring its books back into the black by 2014, and the price will be paid by the public service, more than 100,000 parents in the Working for Families scheme, and KiwiSavers who will have to put more of their own money into their accounts.
National
May 25
Soft-centred Budget expected
Finance Minister Bill English will this afternoon release a tough Budget aimed at battling rising debt.
Business
May 22
Working For Families now more complicated
In last week's budget, there were changes to the calculation of the Working For Families Tax Credit WFFTC, specifically around the threshold for abatement (reducing slightly to $35,000) and the increasing abatement rate (going from 20% to 25%).
National
May 20
Programme should be compulsory
Dunedin accountant Michael Cunningham (23) believes the Government should have taken an extra step in Budget 2011 and made KiwiSaver compulsory.
National
May 20
Feeling of relief for university student
Changes to the student loan scheme brought a feeling of relief to University of Otago economics and politics student Kaitlen O'Connor (20) yesterday.
National
May 20
Thrilled family $10 a week better off
After expecting "doom and gloom", Shawn Deaker (33) was thrilled to find his family better off under the Government's Working for Families Budget changes.
National
May 20
Medical study boost for Otago
The University of Otago's medical school could see more scholars after additional funding for up to 40 domestic medical students was announced in the Budget yesterday.
National
May 20
Over-55s denied education: unions
Student leaders have condemned Budget announcements which they claim will put education and training out of reach of many New Zealanders - women being among the hardest hit.
National
May 20
More funds for early childhood learning 'surprising'
Access to early childhood education (ECE) was a focus of yesterday's Budget, though the announcement failed to bring relief to services struggling with increased operating costs.
National
May 20
Dementia funding welcomed
The funding boost for dementia care is the "good news item" for the Southern District Health Board, funding and finance general manager Robert Mackway-Jones says.
National
May 20
View Budget bad news for healthcare
Yesterday's Budget does not address the "fundamentals of health" and appears to be damage control, Paula Stickings says.
National
May 19
Smaller wage increases likely to result
Workers face lower wage increases in future as the Government moves to get employers to increase their KiwiSaver contributions for their employees from April 1, 2013.
National
May 19
Video: Optimistic tone to Budget
Otago Daily Times business and political editor Dene Mackenzie gives his thoughts on today's Budget.
National
May 19
Pensioner singled out
Ruby Martin was raking up leaves in her backyard when she was mentioned by name in Phil Goff's speech in Parliament.
National
May 19
Asset sales would fund infrastructural growth
State-owned energy companies Mighty River Power, Genesis, Meridian and Solid Energy are still earmarked for a partial sell-down by the Government, which is also considering reducing its stake in Air New Zealand.
National
May 19
Infrastructure spending rise
The Government has increased its infrastructure spending but has clawed back more than $500 million of unused spending to include in the Budget's $1.6 billion allocation.
National
May 19
Christchurch rebuild bonds earn 4%
A new Earthquake Kiwi Bond being launched by the Government to help fund rebuilding in Christchurch should appeal to philanthropists.
National
May 19
Changes to make scheme sustainable
Lower-income families will get a greater slice of Working for Families (WFF) funding, while those on high incomes may lose it, as the Government tries to maintain the increasingly expensive scheme.
National
May 19
Budget frees up $5.2b of spending
The Government's books are set to return to surplus sooner, although Finance Minister Bill English is ju
Opinion
May 19
National's 'zero ideas, zero leadership' Budget no help
National's "zero ideas, zero leadership" Budget hurts but doesn't help. It is a tinkering Budget that fails to address the fundamental challenges our country's economy faces.
National
May 19
Hundreds protest budget cuts
Hundreds of public service workers gathered at Parliament today to protest funding cuts in today's budget.
National
May 19
Government slashes $700m - but where from?
The Government has slashed $700 million in this year's budget to pump more money into core services, but opponents say it has been less than transparent about where the axe will fall.
National
May 19
Mixed reaction to 'boring' Budget
A double downer, focused but far-sighted, short-sighted, sugar-coated, a sedative before major surgery, boring in a positive way, safe, and a big zero - all terms used to describe the budget.
National
May 19
Parliament in urgency to pass budget Bill
The Government put Parliament into urgency tonight to pass a bill enacting the budget changes to KiwiSaver and Working for Families.
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