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Budget 2011
Budget 2011 headlines with summaries.
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Concern that symptoms addressed, not causes
20 May 2011Church social welfare agencies says the Budget treats the symptoms of society's problems, not the causes.
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Working families 'paying for Christchurch rebuild'
20 May 2011The Green Party says working families are effectively paying for the rebuilding of Christchurch, because the Government did not have the courage to introduce new revenue measures.
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Govt still living in a fool's paradise, says Brash
20 May 2011ACT leader Don Brash says the Budget shows the Government continues to live in a fool's paradise.
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No surprises for rural sector
20 May 2011The Government has pulled no surprises out of the bag for the rural sector in the Budget, though it has signalled changes in an area that will have a direct bearing on farmers' tax payments.
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Rural broadband starts being rolled out soon
20 May 2011Communications Minister Steven Joyce says rural broadband infrastructure will start being rolled out over the next few weeks.
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Budget sees KiwiSaver cuts, part privatisation plan
20 May 2011The Government's Budget for 2011 contains cost-saving cuts to three significant government schemes, including KiwiSaver, and a plan for the partial privatisation of state energy assets. Audio
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Budget cuts to get books back in order
19 May 2011Radio New Zealand's political editor Brent Edwards analyses the 2011 Budget.
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KiwiSaver changes reduce cost to Government
19 May 2011Changes to the workplace savings scheme KiwiSaver will save the Government $2.6 billion over the next four years.
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$5.5bn for rebuilding Christchurch
19 May 2011The Government has set aside $5.5 billion for the rebuilding of Christchurch over six years, following the devastating Canterbury earthquakes. Audio
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Working for Families reduced for higher income families
19 May 2011Working for Families will be reduced for middle- and high-income households under changes announced in the Budget on Thursday. Some 7,000 families will no longer be eligible.
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New spending found for health
19 May 2011The Government has found an extra $585 million for new health initiatives in the coming year.
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Health system 'still short of funds'
19 May 2011The Council of Trade Unions says more cuts will be needed in health following the Budget.
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Modest increase for education spending
19 May 2011Total spending on education will rise more than $100 million in the next financial year, from $12 billion to $12.16 billion.
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Student loan restrictions limit entitlements
19 May 2011New restrictions on student loans announced in the Budget will reduce entitlements for more students.
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Changes to student loan scheme 'discriminatory'
19 May 2011The Union for Student Associations says changes to the student loan scheme discriminate against older people trying to gain extra skills and hurt part-time students.
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Return to surplus a year ahead of schedule
19 May 2011The Budget has delivered a return to surplus in the 2014/15 fiscal year - a year earlier than previously forecast.
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English defends changes affecting families
19 May 2011Finance Minister Bill English has defended Budget changes that will result in some families having less to live on, saying those affected have been the beneficiary of positive changes in past years. Audio
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Promises broken, says Labour
20 May 2011Labour Party leader Phil Goff says the Government has delivered a "subzero" Budget,saying it freezes New Zealand in time, with its plan to sell off assets to try and balance the books. Audio
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Greens object to cuts to Government schemes
19 May 2011Green Party co-leader Russel Norman criticised the Budget as one that bleeds social support and slashes services to pay for the Government's tax cuts.
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Maori Party welcomes Budget
19 May 2011The Maori Party, a support partner of the Government, said the Budget secured more than $200 million for Maori initiatives.
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One of worst Budgets, according to Anderton
19 May 2011Progressive leader Jim Anderton says the budget is one of the worst he has seen and shows the Government has no idea how to fix the economy.
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United Future says Budget prudent
19 May 2011United Future leader and Revenue Minister Peter Dunne says the budget is a prudent step in managing the country's finances in a very difficult and stressful time.
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KiwiSaver changes 'will not please employers'
19 May 2011Financial columist and author Mary Holm says employers will not like the Government's changes to the KiwiSaver scheme.
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Reform of Working for Families policy urged
19 May 2011The New Zealand Institute of Economic Research says cuts to Working for Families unveiled in Thursday's Budget are not radical enough.
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