New Zealand budget | |
Year: | 2015 |
Country: | New Zealand |
Previous Budget: | 2014 New Zealand budget |
Previous Year: | 2014 |
Next Budget: | 2016 New Zealand budget |
Next Year: | 2016 |
Submitter: | Bill English |
Presented: | 21 May 2015 |
Parliament: | Parliament of New Zealand |
Party: | National |
Total Revenue: | $71b |
Total Expenditures: | $70.5b |
Surplus: | $414m |
Debt: | $60.6b net debt[1] 25.1% net debt to GDP |
Below: | ǂNumbers in italics are projections. |
The New Zealand budget for fiscal year 2015/16 was presented to the New Zealand House of Representatives by Finance Minister Bill English on 21 May 2015.[2] It was the seventh budget English presented as Minister of Finance.
In response to the budget, Leader of the Opposition Andrew Little called it a "fiddle-it-round budget, a fudge-it budget", while New Zealand First leader Winston Peters called it a "Split Enz budget – I see red, I see red, I see red".[3]