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The Government’s plan for growth is sensible conservative fiscal policy, strong orthodox monetary policy, and an ongoing programme of microeconomic reform that enhances the competitiveness and confidence of Kiwi businesses.
It is crucial that we pull on all three of these levers.
$2 billion a year Family Incomes Package announced, commencing 1 April 2018 that will make changes to tax thresholds, Working for Families and the Accommodation Supplement to help Kiwi families get ahead.
The Minister believes it is a first step towards simplifying the income tax system.
New Zealand is in an enviable position globally that we can’t afford to squander, according to Budget commentators Deloitte.