NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / New Zealand

Claire Trevett: Ready to make bubble and squeak

Claire Trevett
By Claire Trevett
Political Editor, NZ Herald·NZ Herald·
23 May, 2012 05:30 PM5 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Expect the ritual handshake from Prime Minister John Key to Finance Minister Bill English after his second 'zero' Budget. Photo / Mark Mitchell

Expect the ritual handshake from Prime Minister John Key to Finance Minister Bill English after his second 'zero' Budget. Photo / Mark Mitchell

Claire Trevett
Opinion by Claire Trevett
Claire Trevett is the New Zealand Herald’s Political Editor, based at Parliament in Wellington.
Learn more

One of the best traditional Budget games is interpreting the cryptic hints dropped by finance ministers in the lead-up to the big day.

Labour's former Finance Minister Michael Cullen took to this game with some relish, gyrating in his own interpretative version of the Dance of the Seven Veils in the lead-up to every Budget he delivered. Sometimes it was all a big tease and there was nothing under those veils. Sometimes there was a big surprise: Working for Families, interest-free student loans, KiwiSaver.

Finance Minister Bill English, however, takes the more minimalistic approach of the Dance of One Veil.

English's approach to Budgets is less the big bang approach than the Love Song of J. Alfred Prufrock approach: he measures it out in coffee spoons.

So by and large the most significant Budget initiatives have been pre-announced in dribbles over the past few weeks.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

The victims of the Budget are known: take a bow smokers, those few students who still qualify for student allowances, people who need prescriptions and young wastrels who will only be able to buy nutritious foods with their benefits rather than anything that amounts to fun.

Those who might get some benefit from the Budget are also known: beneficiaries who want contraception, and more funding for elective surgery and cancer services. There is more money for teacher recruitment and training and other education initiatives are expected. But the trade-offs are larger class sizes and performance pay for teachers. We know we are still broke and expected to be broke for some years to come - although there could be a surprise in discovering exactly how broke we are.

English's one veil this year is around his suggestions of a "tax-base broadening" measure aimed at higher income earners. Even that veil is as transparent as cling film as of yesterday, when he indicated it was something to do with holiday homes.

So when Bill English stands today, there will be little to shock and awe voters.

This is exactly how English likes it. The more soporific the Budget, the better. So far, the most pre-Budget excitement has been generated by the Opposition as they scramble to outflank each other. Green co-leader Russel Norman clucked a crescendo of "chicken, chicken" at Prime Minister John Key after he transferred a Budget-related question to Bill English to answer.

Discover more

New Zealand|politics

State pressure worries beneficiaries

08 May 05:30 PM
Opinion

Claire Trevett: Ministering to the public purse

16 May 05:30 PM
Economy

English tips high income tax move

22 May 11:00 PM
Economy

Bach, boat tax dodges hit by Budget

22 May 11:50 PM

It is a sin to call someone a coward in Parliament, so Norman lost his chance to ask the question altogether, but got more publicity for the "chicken" squawk than he would have from the question.

For most ministers, however, this year's Budget will simply involve making a bubble and squeak out of the scraps of their announcements of previous years, putting them into the microwave for a bit of a reheat and presenting them on a new plate.

Advertisement
Advertise with NZME.

A very lucky few - Health Minister Tony Ryall, Education Minister Hekia Parata and Social Development Minister Paula Bennett - get extra money but other ministers suffer for it.

This brings us to the newer but no less enjoyable Budget game of "spot the cuts".

These days, every announcement of "new" funding, inevitably means funding has been cut from elsewhere to pay for it. The Government's clues for this are when a new project is funded from "reprioritised spending" or "savings" from elsewhere. Opposition parties put significant effort into this annual treasure hunt for cuts while the Government also goes to some effort to make sure the cuts are well hidden, but still visible enough to point to if accused of hiding them away.

Despite English's apparent lack of enthusiasm for Budget week games, one should at least make some effort to make the Budget seem like an occasion.

Former National Finance Minister Bill Birch had a haircut before every Budget. Michael Cullen invested in a new suit and wore a rose in his buttonhole. English does not bother with such fripperies - he doesn't even invest in a new tie. He does tolerate the traditional "show but don't tell" of the printing of the Budget - one of the last stages of the Dance of the [chosen number] of Veils in which the Finance Minister stands in a cold printing factory in the depths of Petone and pretends there is still something secret in the Budget.

This year even that was a lesser affair than in the past - to save money, fewer copies of the Budget have been printed so rather than the usual roaring, gargantuan printing press spitting out blue cover after blue cover, the Budget was rolling off a machine that looked more like a glorified photocopier.

Advertisement
Advertise with NZME.

This is English's fourth Budget and his second "zero" Budget. When Cullen delivered his fourth Budget in 2003, there was $1.6 billion of new spending and Cullen was criticised for "squirrelling away" his $4 billion surplus rather than spending it. At the time, he blamed "malign influences" for his apparent frugality, including weak global demand and the Sars virus. The year after that, he announced the multibillion-dollar Working for Families package and the year after that came his "Chewing Gum" Budget - in which he announced tax cuts which NZ First leader Winston Peters calculated would buy the average worker a pack of chewing gum a week. Cullen explained this away with: "as always, too much jam now is likely to lead to only crumbs later". Sure enough, he cancelled those tax cuts in 2007.

As it has transpired, not only was there no jam then but we still have crumbs today. Bill English has his own rather more compelling "malign influences" to blame for that - the global economic downturn and the Christchurch earthquakes. Thanks to those influences, voters have become accustomed to Budgets which make a virtue of not spending, rather than spending. In fact, they have come to demand them. Nonetheless, English has undoubtedly been avidly watching Master Chef for inspiration on how to turn those crumbs into something edible.

Save

    Share this article

Latest from New Zealand

New ZealandUpdated

Person dies after being run over by own vehicle

18 Jun 04:58 AM
New ZealandUpdated

'Awful incident': Teen girl seriously injured by car outside Nelson college

18 Jun 04:51 AM
New Zealand|crimeUpdated

Father, daughter steal $190k in ATM heist, $159k still missing

18 Jun 04:09 AM

Jono and Ben brew up a tea-fuelled adventure in Sri Lanka

sponsored
Advertisement
Advertise with NZME.

Latest from New Zealand

Person dies after being run over by own vehicle

Person dies after being run over by own vehicle

18 Jun 04:58 AM

Police closed Lewis St at 10.45am for investigation.

'Awful incident': Teen girl seriously injured by car outside Nelson college

'Awful incident': Teen girl seriously injured by car outside Nelson college

18 Jun 04:51 AM
Father, daughter steal $190k in ATM heist, $159k still missing

Father, daughter steal $190k in ATM heist, $159k still missing

18 Jun 04:09 AM
Premium
Willis: Greens' claim of $700m KiwiSaver hole ‘wrong’, cost could be fraction of that

Willis: Greens' claim of $700m KiwiSaver hole ‘wrong’, cost could be fraction of that

18 Jun 04:00 AM
Help for those helping hardest-hit
sponsored

Help for those helping hardest-hit

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP