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From Wikipedia, the free encyclopedia
The New Zealand budget for fiscal year 2007-2008 was presented to the New Zealand House of Representatives by Finance Minister Dr Michael Cullen on 17 May 2007.
Submitted by | Michael Cullen |
---|---|
Parliament | Parliament of New Zealand |
Party | Labour |
Total revenue | $59.4[1] |
Total expenditures | $56.1 billion[1] |
Surplus | $6.4 billion[1] |
Debt | $4.7 billion (Net)[1] 2.7% (Net debt to GDP)[1] |
Website | http://www.treasury.govt.nz/budget/2007 |
ǂNumbers in italics are projections.
‹ 2006 2008› |
This was the eighth budget Michael Cullen presented as Minister of Finance.
Budget 2007 made a number of changes to the tax system:
Budget 2007 made a number of changes to the KiwiSaver scheme:[3]
Budget 2007 announced funding for the Auckland railway electrification project.[4]
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