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: Ceasefire relief sends shares higher as oil price drops, OCR stays on hold08 Apr 06:38 AMSportNZ stays away from Aussie-style ban on sports betting ads, online casino rules loom08 Apr 06:00 AMPremiumBusinessGrim warning from RBNZ as it braces for full impact of oil shock08 Apr 04:34 AMSponsoredAccountants you’d want to spend time with07 Apr 12:00 PMAdvertisementAdvertise with NZME.
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