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Opinion

Five things to keep an eye on in Budget 2021

Cameron Bagrie
Tue, 18 May 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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