Manawatu Standard

Budget a mixed bag

-

Defence: The men and women in uniform were given a $982m boost, $576m of that in capital and $100m going directly toward upgrading defence camps in Manawatu, Auckland and Canterbury.

Property investors will enjoy the lack of a capital gains tax, although first-home buyers may have wanted one. Meanwhile, $205m has been put into social housing. The Accommodat­ion Supplement has also gone up, with some students eligible for up to an extra $20 per week.

National has moved the tax brackets and made changes to Working for Families. Low-income earners are the big winners, but National scrapping the Independen­t Earner Tax Credit will see a childless single person on the average wage just $40 per year better off.

Kiwirail has been given a $548m boost, but a significan­t chunk of that will go towards repairing the rail lines near Kaikoura. While Wellington is getting $98.4m for its commuter trains, there was no mention of the Capital Connection. A state highways announceme­nt was made, but State Highway 3 through the Manawatu Gorge is not getting any extra money for improvemen­ts.

People wanting big improvemen­ts made to the Manawatu River and Lake Horowhenua will be disappoint­ed, with only $1m added to the Te Mana o Te Wai fund, which is used to clean up lakes, rivers, streams, estuaries and lagoons.

 ?? PHOTO: DAVID UNWIN/FAIRFAX NZ ?? Feilding couple Ian and Katie Burgers, with their two children Liam and Rebecca, see some good things and bad things in the Budget.
PHOTO: DAVID UNWIN/FAIRFAX NZ Feilding couple Ian and Katie Burgers, with their two children Liam and Rebecca, see some good things and bad things in the Budget.

Newspapers in English

Newspapers from New Zealand