Opinion

Five things to keep an eye on in Budget 2021

Cameron Bagrie
Tue, 18 May 2021

Five things to keep an eye on in Budget 2021
Every year, journalists scramble in a Beehive lock-up to make sense of the annual government budget
Cameron Bagrie
Tue, 18 May 2021
Thursday's budget will contain a summary of the normal lolly scramble, but there's always devil in the detail.Here are five devils to keep an eye on.1/ The trend for growthGovernments need money coming in the door to send it back out into the community. Faster growth delivers more revenue. It provides spending options.We are experiencing a cyclical upturn which is supporting tax revenue. The economy moves in cycles but ultimately it is the trend for growth over several years that matters.     A 1% change in gross domestic...

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