Latest from NZ Treasury

Budget 2010: Business reacts

<i>John Armstrong:</i> Budget politically safe but economically timid

Politically safe, yet economically timid and fiscally vulnerable - that's the initial verdict on Bill English's second Budget.

<i>Brian Fallow:</i> Decent stimulus in today's Budget

The Budget avoids the potential trap of being too austere and fiscally virtuous too soon, when the recovery is still in a young, frost-tender stage.

<i>Fran O'Sullivan:</i> Tax changes will keep Kiwis home

New Zealanders earning over $50k will now be paying less tax than Australians after today's tax cuts.

Budget 2010: Business Roundtable rates it 6.5 out of 10

"There is not much we would be critical of," says Business Roundtable executive director Roger Kerr. "The budget reveals sound steps but not step changes."

Budget 2010: No tax depreciation on commercial, rental property

Owners of both commercial buildings and rental houses will no longer be able to claim depreciation on their investments.

Budget 2010: NZ still 'financially vulnerable'

NZ remains financially vulnerable, but there are positive signs emerging and the economy is on track to grow, Bill English says.

Budget 2010: What the tax cuts mean for you

From October 1 all personal tax rates will be cut, ranging from 2 per cent for someone earning up to $14,000 to five per cent for high income earners.

Driver of the big cuts