Opposition parties have criticised the Budget, saying it delivered nothing to middle New Zealand and, despite pre-Budget hints poverty would be a major focus, the initiatives amounted to little more than tinkering.
Labour leader David Shearer said that the Budget did more for National's "vested interests" while the measures for those on low incomes were little more than "scraps falling off the table."
He said it did nothing for young families trying to get into their own homes beyond more tinkering with the Resource Management Act, or those facing poverty. Instead National had delivered "scraps" by offering pilot programmes for low interest loans and for a 'warrant of fitness' for rental homes, which would initially only apply to state homes.
"What we have heard today in the Budget is about tinkering. It is about pilot projects. There are more pilots in this Budget than the entire workforce of Air New Zealand."
Green Party co-leader Russel Norman also said the Budget had failed to address both the economic and social issues faced by New Zealand and under Treasury forecasts it was heading towards the second worst current account deficit in the world by 2017.