Reaction to Budget rules relaxation shows balance 'about right', says Ardern

Fri, 24 May 2019

By Pattrick Smellie May 24 (BusinessDesk) - The government's decision to relax its Budget Responsibility Rules has attracted a balance of positive and negative criticism, suggesting it's pitched about right, said Prime Minister Jacinda Ardern in a speech to an Auckland business audience ahead of Finance Minister Grant Robertson's first "well-being Budget", next Thursday. "For anyone who needs or wants a reminder, these were a set of self-imposed rules to demonstrate our commitment to sound economic management covering our debt-to-GDP rati...

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