Secondary schools will have less to spend on each student next year said Post Primary Teachers Association president Robin Duff. "The Budget does not compensate for inflation in schools' operations grant funding," he said.
Following the early childhood education revenue cuts of Budget 2010, the largest representative body of licensed early childhood centres in New Zealand has greeted Budget 2011 with "a sense of relief".
"Buckle up and get ready. The lack of bold ideas in this budget will be the big election issue in every town across Rangitikei in 2011," says Labour candidate for Rangitikei, Josie Pagani. Families in Rangitikei struggling to make ends meets have been hit hardest in this budget.
Improving savings in productive sectors crucial to economic growth The compliance costs for businesses of administering KiwiSaver contributions continue to mount with each change to the scheme, says Deloitte tax partner Greg Haddon.
The Government believes there is significant merit in extending the mixed ownership model to four state-owned energy companies and reducing the Crown's majority shareholding in Air New Zealand.
Standard & Poor's Ratings Services said today that contents of the National Party coalition government's proposed 2012 budget are consistent with the assumptions that feed into our sovereign ratings on New Zealand (foreign currency rating AA+/ Negatve/A-1+; local currency rating AAA/Stable/A-
Prime Minister John Key says Budget 2011 sets out the next steps of the Government's programme to build faster growth, increase national savings and create sustainable jobs built on savings, exports and productive investment.
Budget 2011 builds a strong platform for jobs and growth, sets a credible path back to surplus by 2014/15 and helps increase national savings, Finance Minister Bill English says.
The Government needs to show it has more than tinkering skills to offer the country in tomorrow's budget. Economic growth and jobs come from a joined-up economic strategy not from more public sector bashing says the Public Service Association
Business will be pleased with the Prime Minister's basic plan outlined today aiming to increase the nation's savings to lift economic growth, the Employers & Manufacturers Association says.
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