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budget 2013
National
May 20
Budget 2013: Return to surplus in two years
Finance Minister Bill English has stayed on the track set in previous years in today's Budget, reconfirming the return to surplus in two years while taking steps to reduce the risk of a housing bubble.
Dunedin
May 20
Opinion: It's a win for the South
Budget 2013 provides plenty for the South, writes ODT political editor Dene Mackenzie.
Queenstown
May 20
Lakes area buyers still out in cold
For Arrowtown couple Hayden Finch and Bex Harrex, yesterday's Budget was not what they were hoping for.
Dunedin
May 17
Government urged to address skill shortage
The Government is not doing enough to attract engineering and construction students in the face of rising demand due to the Christchurch rebuilding and a housing shortage, Otago Polytechnic chief executive Phil Ker says.
National
May 17
Opinion: Government's pragmatism trumps principle in Budget
One of the reasons why governments slowly decay and die is that the longer they are in office the more prone they become to ugly pragmatism and compromise of principle.
Editorial
May 17
Eye on the future
All Budgets are, of course, political as well as financial documents.
Business
May 17
Research boost plays to city's strengths
Discussions around the commercialisation of research from the University of Otago will take on a different dimension following a $130 million Government investment into Kiwi research and development.
Dunedin
May 17
Meridian confirmed as next for sale
Meridian Energy has been confirmed as the next state-owned electricity generator to be partly sold down and listed on the New Zealand Stock Exchange (NZX) in the second half of this year.
Dunedin
May 17
Gains meagre, family on benefit say
A Dunedin family living on an unemployment benefit say measures in the Budget announced yesterday were paltry but some of the proposed pilot schemes had potential.
News
May 17
Tertiary sector still 'squeezed'
The Government's tertiary education budget represents a continued ''squeeze'' on the sector, with funding for most subjects not even adjusted for inflation, both the Otago Polytechnic and the Otago University Students' Association say.
Business
May 17
New measures to address financial stability confirmed
The Reserve Bank has been given the go-ahead to implement extra measures which could affect future home buyers by requiring greater deposits before loans are approved.
Dunedin
May 17
Predicted $75m barely qualifies as surplus
The Government reaffirmed its commitment to have its books back in surplus by 2015 but at $75 million, the surplus remains in the category of margin for error.
News
May 17
$200m in extra funding 'positive'
University of Otago senior genetics researcher Associate Prof Peter Dearden is ''incredibly pleased'' the Government has boosted science, innovation and research funding by $200 million in the Budget.
Dunedin
May 17
Diabetes funding welcomed but aged care not enough, critics say
Despite health getting the biggest funding increase in yesterday's Budget, critics warn some important areas are not receiving enough money.
National
May 17
Key tips early surplus
Prime Minister John Key says it is possible the Government could get close to a surplus in the coming financial year - one year earlier than officially predicted in yesterday's Budget.
Australia
May 16
Aussie treasurer 'dumbfounded' by comparison with NZ
New Zealand is forecasting a budget surplus a year earlier than Australia but Treasurer Wayne Swan says he is "completely dumbfounded" anyone would suggest that was because of a better economic performance.
National
May 16
Plans to make more expenses deductible
Deep within the Government's Budget can be found mysterious references to "black hole expenditure" and "thin capitalisation rules".
National
May 16
Loans default policy for 'the worst of the worst'
Steven Joyce says only overseas-based residents who deliberately default on their student loan repayments will be arrested at the border.
National
May 16
Surplus plans please EMA
Returning the Government's books to surplus by 2014/15 gives business a lot of confidence, the Employers and Manufacturers Association says.
National
May 16
$188m for welfare reforms
The Government has allocated a further $188.6 million for its welfare reforms, including funding to contract out some of its highest-needs beneficiaries to external providers to deal with.
National
May 16
$2b boost for Christchurch rebuild
The Government has allocated $900 million of new money from the asset sales programme as part of the $2 billion increase in funding for the rebuild of quake-damaged Christchurch.
National
May 16
All state house tenancies to be reviewed
All state house tenants will have their tenancies reviewed and be forced to move on once their circumstances change under changes made in the Budget - a step expected to result in 3000 tenants moving out of state houses by 2017.
National
May 16
Student loan defaulters could be arrested at border
Student loan borrowers who have defaulted on their repayments could be arrested at the border under new sanctions in Budget 2013 in a drive to increase student loan repayments.
National
May 16
$19m to establish charter schools
The Government will spend $19 million on establishing the first charter schools in 2014.
National
May 16
Housing policy underwhelming - opposition parties
The Government's new housing policy has been slammed by opposition parties as doing little to ease the pressure for first-home buyers.
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