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:

2025 Annual Shareholders' Meeting and Director Nominations
Meridian Energy monthly operating report for July 2025
August 15th Morning Report
VGL upgrades aspirations, accelerates to meet client demand
August 14th Morning Report
VHP - Focus on Fundamentals: Driving Operational Performance
August 13th Morning Report
Devon Funds Morning Note - 12 August 2025
Spark announces sale of 75% of data centre business
Blackpearl Announces $15M Capital Raise & Market Update