Latest FromBudget 2015

Budget 2015: John Key's stand up
Business

Budget 2015: John Key's stand up

Prime Minister John Key said 500,000 New Zealand children would benefit from the Budget in some way and said he was proud to lead a party that was the first to lift benefits in 40 years. He said it was "compassionate conservatism and I'm proud of it". He said he had told New Zealanders on election night he intended "to govern for all New Zealanders".

Budget 2015: Barry Soper: 'Still a long way to go on housing front'
New Zealand|Politics

Budget 2015: Barry Soper: 'Still a long way to go on housing front'

Mr English has set aside $52 million in contingency funding to fund work with private sector developers to build affordable houses on under-utilised Crown land - Housing and Building Minister Nick Smith will begin meeting developers on May 29 to discuss potential partnerships. Mr English said it was likely that iwi would get first right of refusal on some of the land.

Audrey Young: 'Budget does a lot with very little'
New Zealand|Politics

Audrey Young: 'Budget does a lot with very little'

One of the Budget surprises was the introduction of a levy on travellers leaving and entering New Zealand to boost biosecurity funding by $100 million a year. The $6 for departing passengers and $16 for arriving passengers will be added to the cost of an airline ticket. The other Budget surprise was the axing of the $1000 kickstart payment for people when they sign up to Kiwisaver which is estimated to save $500 million over four years.

Budget 2015: Bill English: 'helping parents into work'
New Zealand|Politics

Budget 2015: Bill English: 'helping parents into work'

Beneficiary families and low-income working families will get a boost of up to $25 a week as part of a child hardship package which is the centre-piece of Bill English's seventh Budget. It is the first increase in core benefits, apart from inflations adjustments, since 1972 and will affect 110,000 families.