The Government has embarked on a path to abolish building depreciation on virtually every building type and could hit depreciation claims on commercial building fit-outs in future, says Bayleys Valuations director John Freeman.

High, middle and low income earners will all get more in their pay-packets from October 1. But how much will you get?

The taxman is to get sharper teeth with a $119.3 million increase in funding over the next four years.

The Govt's income tax cuts for all is a "once-in-a-generation opportunity" to change the direction of the NZ economy.

Yesterday's Budget was the first salvo of the 2011 election. It was all about shutting Labour out of next year's contest.

The Govt's wide-ranging income tax cuts have drawn widespread praise despite GST jumping to 15 per cent.

Bill English has delivered a Budget in which he can have a bob each way, writes Audrey Young.

Links to all nzherald.co.nz's coverage of today's Budget announcements. News, comment and analysis.

Click here for full coverage and analysis, and reaction to the 2010 Budget