Govt has room to shift spending around over next two years, English says

Tue, 16 Feb 2016

By Paul McBeth Feb. 16 (BusinessDesk) - The government has scope to play with the timing of an extra $3.5 billion of spending tagged for the next two years if the global economy deteriorates and starts to bite locally, says Finance Minister Bill English. Growing fears about China's slowing economy and heightened turbulence in financial markets is causing the government more headaches than three months ago, but hasn't spooked ministers into shifting its policy direction, English told Parliament's finance and expenditure select committee....

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