2014 New Zealand budget

The New Zealand budget for fiscal year 2014/15 was presented to the New Zealand House of Representatives by Finance Minister Bill English on 15 May 2014.[3] This was the sixth budget English has presented as Minister of Finance.

2014 (2014) New Zealand budget
Submitted byBill English
Presented15 May 2014
ParliamentParliament of New Zealand
PartyNational
Total revenue $70.9 billion[1]
Total expenditures $71.5 billion[1]
Deficit -$684m[1]
Debt $59.4 billion (Net)[2]
25.6% (Net debt to GDP)[1]
Websitewww.treasury.govt.nz/budget/2014
ǂNumbers in italics are projections.
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Reactions
  • Economics commentator Bernard Hickey said the budget "buried" a "[p]opulation forecast [that] will mean higher interest rates."[4]
  • Political columnist John Armstrong stated the budget "robs Labour of election punch."[5]

References
  1. "Fiscal Strategy Report" (PDF). New Zealand Treasury. 21 May 2015. Archived from the original (PDF) on 22 May 2015. Retrieved 22 May 2015.
  2. "Budget 2014 Fiscal Update" (PDF). 15 May 2014. Archived from the original (PDF) on 18 January 2015. Retrieved 25 February 2015.
  3. "Budget 2014". New Zealand Treasury. 15 May 2014. Retrieved 25 February 2015.
  4. "Bernard Hickey: Budget buries migration bomb". New Zealand Herald. 18 May 2014. Retrieved 2 April 2015.
  5. "John Armstrong: Budget robs Labour of election punch". New Zealand Herald. 16 May 2014. Retrieved 2 April 2015.
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