The New Zealand budget for fiscal year 2011-2012 was presented to the

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on 19 May 2011. This was the third budget Bill English has presented as Minister of Finance.

Outline

Budget 2011 was delivered following earthquakes which devastated Christchurch and included a $5.5 billion rebuild package for the city. The 2011 Budget was a "zero Budget" meaning no net new spending over four years. $5.2 billion was prioritised over four years for spending on mostly targeted at health, education and infrastructure. Individual and employer

KiwiSaver The KiwiSaver scheme, a New Zealand savings scheme, came into operation from Monday, 2 July 2007. Participants can normally access their KiwiSaver funds only after the age of 65, but can withdraw them in certain limited circumstances, for exampl ...

contributions were increased. The Budget announced the part-sale of five state-owned enterprises with the Government keeping majority (51%) control. The 2011 Budget forecast a return to fiscal surplus to 2014/15.

References

{{DEFAULTSORT:2011 New Zealand Budget Budget, 2011 New Zealand budgets

New Zealand Budget The New Zealand Budget is an annual statement by the New Zealand Government that outlines of the nation's revenues and expenditures for the preceding fiscal year and expectations for the next one. It is prepared by the New Zealand Treasury for the ...

May 2011 events in New Zealand