A traditional budget for difficult times

Pattrick Smellie
Thu, 19 May 2022

A traditional budget for difficult times
(Image: Getty)
Pattrick Smellie
Thu, 19 May 2022
Delve into the detail of how the government plans to spend the massive $6 billion spending allowance available in the 2022 budget, and there are plenty of interesting nuggets.But the political force in this budget is tactical, focused on the short term challenge of galloping inflation, and almost old-fashioned in the sense that it simply gives everyone who’s short of money … some money.The $814 million “cost of living payment” is targeted at everyone earning less than $70,000 a year and is pitched at half the level of t...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

My Net Worth FREE
My Net Worth: Zac Stephenson, managing director, MediaCom
Daniel Dunkley | Sun, 03 Jul 2022

MediaCom managing director Zac Stephenson says he's proud of surviving in the media industry, which can be stressful and intense. 

Finance FREE
Money Answers: what's the best share investing strategy in a recession?
Frances Cook | Sat, 02 Jul 2022

Spreading your money through good quality companies, then leaving it alone for a few years is the boring but most likely way to build wealth for most of us. 

On the Money
On The Money: Air NZ's feeding frenzy, Kerry Prendergast's movie date, and more
Pattrick Smellie | Sat, 02 Jul 2022

In this week's OTM: Greg Foran's preference for pies, Kerry Prendergast's future at the film commission, a blast from the past from Enable Networks, and more...

Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges

Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.