| New Zealand budget | |
| Year: | 2011 |
| Country: | New Zealand |
| Previous Budget: | 2010 New Zealand budget |
| Previous Year: | 2010 |
| Next Budget: | 2012 New Zealand budget |
| Next Year: | 2012 |
| Submitter: | Bill English |
| Parliament: | Parliament of New Zealand |
| Party: | National |
| Total Revenue: | $57 billion[1] |
| Total Expenditures: | $72.8 billion |
| Deficit: | -$16.7 billion |
| Debt: | $41.5 billion (Net) 20.8% (Net debt to GDP) |
| Below: | ǂNumbers in italics are projections. |
The New Zealand budget for fiscal year 2011-2012 was presented to the New Zealand House of Representatives by Finance Minister Bill English on 19 May 2011.[2]
This was the third budget Bill English has presented as Minister of Finance.
Budget 2011[3] was delivered following earthquakes which devastated Christchurch and included a $5.5 billion rebuild package for the city.
The 2011 Budget was a "zero Budget" meaning no net new spending over four years. $5.2 billion was prioritised over four years for spending on mostly targeted at health, education and infrastructure. Individual and employer KiwiSaver contributions were increased.
The Budget announced the part-sale of five state-owned enterprises with the Government keeping majority (51%) control.
The 2011 Budget forecast a return to fiscal surplus to 2014/15.