2014 New Zealand budget explained
| New Zealand budget |
| Year: | 2014 |
| Country: | New Zealand |
| Previous Budget: | 2013 New Zealand budget |
| Previous Year: | 2013 |
| Next Budget: | 2015 New Zealand budget |
| Next Year: | 2015 |
| Submitter: | Bill English |
| Presented: | 15 May 2014 |
| Parliament: | Parliament of New Zealand |
| Party: | National |
| Total Revenue: | $70.9 billion |
| Total Expenditures: | $71.5 billion |
| Deficit: | -$684m[1] |
| Debt: | $59.4 billion (Net)[2]
25.6% (Net debt to GDP) |
| Below: | ǂNumbers in italics are projections. |
The New Zealand budget for fiscal year 2014/15 was presented to the New Zealand House of Representatives by Finance Minister Bill English on 15 May 2014.[3] This was the sixth budget English has presented as Minister of Finance.
Reactions
- Economics commentator Bernard Hickey said the budget "buried" a "[p]opulation forecast [that] will mean higher interest rates".[4]
- Political columnist John Armstrong stated the budget "robs Labour of election punch".[5]
External links
Notes and References
- Web site: Fiscal Strategy Report . 21 May 2015 . 22 May 2015 . . dead . https://web.archive.org/web/20150522141121/http://www.budget.govt.nz/budget/pdfs/fsr/b15-fsr.pdf . 22 May 2015 . dmy .
- Web site: Budget 2014 Fiscal Update. 15 May 2014. 25 February 2015. https://web.archive.org/web/20150118034719/http://www.treasury.govt.nz/budget/forecasts/befu2014/befu14.pdf. 18 January 2015. dead.
- Web site: Budget 2014. New Zealand Treasury. 15 May 2014. 25 February 2015.
- News: Bernard Hickey: Budget buries migration bomb. New Zealand Herald. 18 May 2014. 2 April 2015.
- News: John Armstrong: Budget robs Labour of election punch. New Zealand Herald. 16 May 2014. 2 April 2015.
