Home / BusinessBudget 2016: Everything you need to knowNZ Herald22 May, 2016 10:35 PMQuick ReadSubscribe to listenAccess to Herald Premium articles require a Premium subscription. Subscribe now to listen.Subscribe nowAlready a subscriber? Sign in hereListening to articles is free for open-access content—explore other articles or learn more about text-to-speech.SaveShareShare this articleCopy LinkEmailFacebookTwitter/XLinkedInRedditOn Thursday the Government will reveal who will get what of its $75-76 billion of spending this year and the years to come.This is the National-led Government's eighth Budget for the country, and it's expected to be fiscally conservative. Finance Minister Bill English is expected to address housing, education, health and benefits. To address the sky-rocketing house prices in Auckland new money is expected to be made available to free surplus Crown land for private-sector development.Tax cuts have been taken off the agenda, until at least 2017, in favour of putting money into bringing down Government debt.AdvertisementAdvertise with NZME.AdvertisementAdvertise with NZME.READ MORE:• Liam Dann: Measly takeaways on Budget menuThere are 3,556,000 taxpayers in New Zealand. The Government allocated spending of $74.9 billion in last year's Budget. Each taxpayer gets $21,062. If you were in charge of the Budget, how would you want your $21,062 spent?SaveShareShare this articleCopy LinkEmailFacebookTwitter/XLinkedInRedditLatest from BusinessPremiumSharesMarket close: Steadying oil prices soothe market fears 05 Mar 05:11 AMBusinessNew fee mix: Trade Me ditches success charges as buyers face service fees05 Mar 03:49 AMPremiumRetailAll Blacks legend's tyre business goes into liquidation05 Mar 03:38 AMSponsoredTargeting maximum competitive advantage for businesses 02 Mar 11:00 AMAdvertisementAdvertise with NZME.
