Southland Chamber of Commerce

Budget 2006

Budget date announced:
Finance Minister Michael Cullen will deliver his seventh budget on Thursday 18 May, on announcing the date Mr Cullen said
"Budget 2006 will underline the government's commitment to transforming the economy. We need more globally competitive firms and this budget will continue efforts towards building a more dynamic, knowledge-based economy. A more affluent economy is essential if we are to deliver more choice and security for families young and old." He said. "The first budget of the new Parliamentary term will reinforce the good progress this Labour-led government has made."
However, Dr Cullen reiterated that restraint would be the watchword for Budget 2006 by saying "As I have been saying for some time there is very little room for significant fiscal loosening. This government entered the last election with the tightest fiscal policy of any party and we intend to remain fiscally responsible."

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		Budget 2006 Budget date announced: Finance Minister Michael Cullen will deliver his seventh budget on Thursday 18 May, on announcing the date Mr Cullen said "Budget 2006 will underline the government's commitment to transforming the economy. We need more globally competitive firms and this budget will continue efforts towards building a more dynamic, knowledge-based economy. A more affluent economy is essential if we are to deliver more choice and security for families young and old." He said. "The first budget of the new Parliamentary term will reinforce the good progress this Labour-led government has made." However, Dr Cullen reiterated that restraint would be the watchword for Budget 2006 by saying "As I have been saying for some time there is very little room for significant fiscal loosening. This government entered the last election with the tightest fiscal policy of any party and we intend to remain fiscally responsible." Printer Friendly Page		Login Quick Links: Events Calendar Training Calendar Information Zone Young Enterprise Eastern Southland Export/Import Sector Members Area Surveys Site Map Contact Us The Chamber of Commerce recommends Sinuous.net for web design services. Sinuous.net is a southland owned company with offices throughout the south island. Inv: 03 214 9130 Chch: 03 365 2887 www.sinuous.net


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