Budget headlines

I’ve only seen headlines and summaries on the budget. Two stand out to me from those that the Herald has highlighted in Budget 2015: 10 things you need to know.

  • Budget deficit of $684 million this financial year.

That was signalled so is no surprise, and was expected to be a major criticism of Bill English, John Key and National,

  • A $790 million child hardship package, includes an increase in $25 of core benefit for beneficiaries with children.

In contrast that’s a major surprise.

And it isn’t hard to see that if the increase in benefits wasn’t included the deficit could have been avoided.

This is a very significant choice and signal from National, putting welfare of some of the poorest ahead of a long standing target.