2015 New Zealand budget explained

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]

External links

Notes and References

  1. Web site: Budget Economic and Fiscal Update. 16 May 2016. 7 December 2016. https://web.archive.org/web/20161116152602/http://www.budget.govt.nz/budget/pdfs/befu2016/befu16.pdf. 16 November 2016. dead. dmy-all.
  2. Web site: Budget 2015. New Zealand Treasury. 21 May 2015. 21 May 2015.
  3. Web site: 2015-05-21. Best quotes from Budget 2015. 2021-05-01. Stuff. en.