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![Budget 2010: Experts praise tax cuts for all](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Budget 2010: Experts praise tax cuts for all
The Govt's wide-ranging income tax cuts have drawn widespread praise despite GST jumping to 15 per cent.
![<i>Audrey Young:</i> Up to $400m hidden costs for parents](/pf/resources/images/placeholders/placeholder_l.png?d=808)
<i>Audrey Young:</i> Up to $400m hidden costs for parents
Bill English has delivered a Budget in which he can have a bob each way, writes Audrey Young.
![Budget 2010: Index of coverage](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Budget 2010: Index of coverage
Links to all nzherald.co.nz's coverage of today's Budget announcements. News, comment and analysis.
![Budget 2010: Latest updates](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Budget 2010: Latest updates
Click here for full coverage and analysis, and reaction to the 2010 Budget
![Budget 2010: $1bn of education funding reprioritised](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Budget 2010: $1bn of education funding reprioritised
The education sector has had to come up with more than half of the $1.9 billion to fund new education initiatives over the next four years.
![<i>David Cunliffe:</i> Budget 2010 a tax swindle](/pf/resources/images/placeholders/placeholder_l.png?d=808)
<i>David Cunliffe:</i> Budget 2010 a tax swindle
The 2010 Budget is a lost opportunity and a massive broken promise, says the Labour Party's finance spokesman David Cunliffe.
![Budget 2010: Bill English's speech](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Budget 2010: Bill English's speech
The full text of Finance Minister Bill English's Budget 2010 speech to Parliament.
![Budget 2010: Govt puts health on life support](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Budget 2010: Govt puts health on life support
The Govt has allocated just under $500 million annually to health - $250m less a year than the increase in last year's budget.
![Budget 2010: Income tax slashed, GST to 15 pc](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Budget 2010: Income tax slashed, GST to 15 pc
The top income tax rate has been slashed to 33 cents as part of across the board tax cuts, with the Govt promising most NZers will be better off, despite a rise in GST.
![<i>John Armstrong:</i> Budget politically safe but economically timid](/pf/resources/images/placeholders/placeholder_l.png?d=808)
<i>John Armstrong:</i> Budget politically safe but economically timid
Politically safe, yet economically timid and fiscally vulnerable - that's the initial verdict on Bill English's second Budget.
![<i>Brian Fallow:</i> Decent stimulus in today's Budget](/pf/resources/images/placeholders/placeholder_l.png?d=808)
<i>Brian Fallow:</i> Decent stimulus in today's Budget
The Budget avoids the potential trap of being too austere and fiscally virtuous too soon, when the recovery is still in a young, frost-tender stage.
![<i>Fran O'Sullivan:</i> Tax changes will keep Kiwis home](/pf/resources/images/placeholders/placeholder_l.png?d=808)
<i>Fran O'Sullivan:</i> Tax changes will keep Kiwis home
New Zealanders earning over $50k will now be paying less tax than Australians after today's tax cuts.
![Budget 2010: Business Roundtable rates it 6.5 out of 10](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Budget 2010: Business Roundtable rates it 6.5 out of 10
"There is not much we would be critical of," says Business Roundtable executive director Roger Kerr. "The budget reveals sound steps but not step changes."
![Budget 2010: NZ still 'financially vulnerable'](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Budget 2010: NZ still 'financially vulnerable'
NZ remains financially vulnerable, but there are positive signs emerging and the economy is on track to grow, Bill English says.
![Budget 2010: What the tax cuts mean for you](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Budget 2010: What the tax cuts mean for you
From October 1 all personal tax rates will be cut, ranging from 2 per cent for someone earning up to $14,000 to five per cent for high income earners.
![Is this Budget 'for the rich'?](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Is this Budget 'for the rich'?
John Key has defended bigger tax cuts for the wealthy, arguing they already paid a big portion of tax. He promises the 'vast majority' of New Zealanders will be better off.
![Tax rule changes 'bad for business'](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Tax rule changes 'bad for business'
Budget depreciation rule changes could smack the multibillion-dollar commercial property sector with most of a $1.3bn bill.