Budget set for May 15, renewed promise of 2015 surplus

Finance Minister Bill English will deliver the government's 2014 budget on May 15.

This will be the National-led government's sixth budget since election in 2008, and they're on track to deliver a surplus in 2015, English said in a statement. Prime Minister John Key confirmed yesterday that the government is sticking to a limit on new spending of $1 billion.

Key also signalled that the government will continue to focus on funding capital investment from the proceeds of partial privatisations, and continue to "fine-tune the tax system" including "a focus on domestic and international efforts to combat profit shifting by multinationals."

BusinessDesk.co.nz

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

August 7th Morning Report
PHL - Promisia to acquire Chatswood Retirement Village
MEL - Annual Shareholder Meeting 2026 / Director Nominations
August 6th Morning Report
General Capital (NZX: GEN) Announces Credit Rating Upgrade
August 4th Morning Report
Devon Funds Morning Note - 03 August 2026
GEN - General Capital gives Notice of Annual Meeting 2026
AFT Chair David Flacks to retire before the next ASM
PCT - Precinct NZ $65 million Wholesale Bond Issue