Rotorua Daily Post
  • Rotorua Daily Post home
  • Latest news
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Sport
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Business
  • Opinion
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
  • Lifestyle
  • Sport

Locations

  • Tauranga
  • Te Puke
  • Whakatāne
  • Rotorua
  • Tokoroa
  • Taupō & Tūrangi

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales

Weather

  • Rotorua
  • Tauranga
  • Whakatāne
  • Tokoroa
  • Taupō

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Rotorua Daily Post

Barry Soper: The Budget that didn't tell us anything we didn't already know

NZ Herald
17 May, 2018 02:04 AM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article
Newstalk ZB Political editor Barry Soper gives weighs in on the new 2018 budget.

Grant Robertson stood and delivered a Budget that essentially didn't tell us anything we didn't already know.

The books are in good shape, the economy is healthy and Labour has all the leeway it needs to make good in the areas that it targeted - health, education and housing.

Robertson delivered a comfortable Budget, it won't scare the horses. It couldn't be further away from the pizzazz that National was planning for us: Tax cuts all round.

Labour has cashed in on that $8 billion, and is giving it to where the party would be expected to give it - to needy families.

Economic growth, low inflation and the lowest unemployment for years is the forecast for the next there years and beyond. That's the foundation that this Budget is predicated on.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

It's called Foundation for the Future and, thanks to the cash rolling into the Treasury's chest, if Robertson pulls the right levers the future looks pretty good, providing nothing untoward or out of the Government's control happens.

The Mycoplasma bovis disease affecting our dairy herd doesn't get a mention in this Budget, probably because it's early days yet. If it can't be eradicated, which seems to be highly likely, it will affect production in our most lucrative industry. And that will have an effect on the Treasury's bottom line, and not just on our export receipts.

Nine years ago when Bill English delivered his first Budget he could thank Labour for driving down the debt and delivering him the free trade agreement with China a month before he took over the Treasury benches. But he had to steer the country through the global financial crisis and then a few years later the Christchurch earthquake.

Advertisement
Advertise with NZME.

Robertson's Budget is being delivered against a background of higher - but perfectly sustainable debt - and a growing economy.

He's resisted the temptation to splash a bit more around, not surprising with his mentor Michael Cullen looking over his shoulder.

So nothing will come as a surprise in this Budget and that's the way this Government would have it, and that makes it harder for their Opponents to take potshots that will hit the target and hurt.

Discover more

New Zealand

Budget 2018: Christchurch gets insurance tribunal

17 May 02:00 AM
New Zealand

Live: Budget day secrets to be revealed

17 May 12:23 AM
New Zealand

Interactive: A graphical walkthrough of Budget 2018

17 May 02:10 AM
New Zealand

Interactive: Crunching the numbers - Budget 2018 in detail

17 May 02:15 AM
Save
    Share this article

Latest from Rotorua Daily Post

Rotorua Daily Post

Man admits assault and weapon charges over Rotorua death

25 Feb 04:00 AM
Rotorua Daily Post

Killed woman's phone and bag likely thrown from car before body dumped

25 Feb 01:03 AM
Rotorua Daily Post

Tower to redistribute work to Auckland, Fiji as Rotorua office closes

25 Feb 12:28 AM

Sponsored

Backing locals, every day

22 Feb 11:00 AM
Advertisement
Advertise with NZME.

Latest from Rotorua Daily Post

Man admits assault and weapon charges over Rotorua death
Rotorua Daily Post

Man admits assault and weapon charges over Rotorua death

Temutu Ehau, 41, died at the scene of an incident on Trigg Ave on August 20 last year.

25 Feb 04:00 AM
Killed woman's phone and bag likely thrown from car before body dumped
Rotorua Daily Post

Killed woman's phone and bag likely thrown from car before body dumped

25 Feb 01:03 AM
Tower to redistribute work to Auckland, Fiji as Rotorua office closes
Rotorua Daily Post

Tower to redistribute work to Auckland, Fiji as Rotorua office closes

25 Feb 12:28 AM


Backing locals, every day
Sponsored

Backing locals, every day

22 Feb 11:00 AM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Rotorua Daily Post e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Rotorua Daily Post
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Rotorua Daily Post
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • NZME Digital Performance Marketing
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2026 NZME Publishing Limited
TOP