English confirms budget surplus delayed till 2016
Tax revenue and spending on track, but 'the accrual rules are going to deal to us' says finance minister
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Infrastructure
Finance Minister Bill English has all but confirmed the government’s budget surplus target won’t be met this year.
The finance minister is in the process of finalising his seventh budget - due for delivery on May 21 – and says forecasts now crossing his desk indicate the surplus is postponed. The
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Rob Hosking
Fri, 10 Apr 2015
Fri, 10 Apr 2015
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English confirms budget surplus delayed till 2016
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