"A budget inspired by Labour’s original economic and social principles.
"The legacy Robertson and his colleagues have accepted from the past is not the legacy of Helen Clark and Michael Cullen, but of Norman Kirk and Bill Rowling. The torch which the Baby Boom Generation refused to accept, has been grasped by their children."-- Chris Trotter.
"It’s great the government has righted one of the wrongs of (Ruth Richardson's) “Mother of all Budgets”, but there were many, and the work has only started. It should have done much, much more with its pristine balance sheet and a torrent of literally free money sloshing around the world desperate to be invested in government bonds." -- Bernard Hickey
Budget prioritises ‘righting inequality wrongs’, Thirty years on from the ‘Mother of all Budgets’ the Labour-majority Government has targeted inequality, but it will be April next year before the full benefit lift is truly felt, writes political editorJo Moir.
The changes are focused particularly on families with children, with the Government projecting that between 19,000 and 33,000 children will be removed out of poverty in mid-2022. -- Henry Cooke
BERL's chief economist, Hillmarè Shulze, and commentator Bernard Hickey told Breakfast the Government could have done a lot more.
"It's quite a missed opportunity for this Government. We have seen really good economic growth, very low unemployment, and also the debt levels are coming in much lower than expected," Shulze said. Click here.
Some headings from NZ Politics Daily
Budget:
General
Chris Trotter
(Daily Blog): Passing
the torch
Audrey Young
(Herald): This
was the easy Budget for Grant Robertson (paywalled)
Bernard Hickey
(Spinoff): The
missed opportunity in Budget 2021
Tim
Watkin (Pundit): Labour
gets to be Labour, delivering a step-change budget 30 years in
the making
Matthew Hooton
(Herald): Lessons
from the Budget and the one issue that may derail Jacinda
Ardern (paywalled)
Simon Wilson
(Herald): Grant
Robertson and his Budget Day Holy Grail (paywalled)
Fran O'Sullivan
(Herald): Look
to the future, don't dwell on rewriting the
past (paywalled)
Michael Andrew
(Spinoff): Government
‘could have done more to push the envelope’
Brad
Olsen (Stuff): Budget
2021 shows higher spending, but with restraint
Bernard Hickey: Budget
2021 special: Righting some wrongs. A bit.
Danyl
Mclauchlan (Spinoff): More
ambitious and coherent than anything yet from Ardern
and Robertson
Raf
Manji (Stuff): Welcome
focus on reducing inequality needs to continue
Thomas Manch
(Stuff): The
winners and losers in a welfare-focused Budget
Richard Harman: A
Labour of love (paywalled)
The
Spinoff: The
great Spinoff hot-take roundtable
Liam
Dann (Herald): Budget
2021 geared to keep 'better-than-expected' story
rolling (paywalled)
Peter Dunne: Grant
Robertson’s three factors in the Budget
Herald: Editorial: Budget
2021 - A very Labour Budget in the time of Covid 19
coronavirus (paywalled)
ODT: Editorial –
Robertson’s shrewd Budget
Jessica Mutch
McKay (1News): The
year of the 'Benefit Budget' with welfare, Māori getting
significant boost
Henry
Cooke (Stuff): Grant
Robertson's deep red budget seeks to 'right a wrong' from 30 years
ago
Heather
du Plessis-Allan (Newstalk ZB): Budget
gets a 'B' for Boring
Brian Fallow
(Herald): Grant
Robertson plays it down the middle despite opportunity to
invest (paywalled)
Jennifer Curtin,
David Hall, Michael Fletcher, and Nina Ives (The
Conversation): NZ Budget
2021: billions more for benefits, but one eye on the bottom
line
Herald: The verdicts
from Paula Bennett, Sue Bradford, Neale Jones and Jon
Stokes
Herald: Experts and
commentators rate Grant Robertson's Budget
Ben
Thomas (Stuff): Blockbuster
Budget is Robertson's answer to the 'Mother of
All Budgets'
Mike Houlahan
(ODT): Labour
rewards its faithful
No
Right Turn: Labour
actually does something
Martyn
Bradbury (Daily Blog): Budget
2021 Winners and Losers: Exorcising the Ghost of National’s Mother
of all Budgets
Rod
Oram (Newsroom): Budget
lip service to economic transformation
Pattrick Smellie
(BusinessDesk): On
balance, a Labour government (paywalled)
Justin Giovannetti
(Spinoff): Benefits
boosted by up to $55 a week, ‘righting a wrong’, says
Robertson
Henry
Cooke (Stuff): Labour
spends big on benefits, health in its first unleashed
Budget
Rosie Collins
(Spinoff): A
balanced budget. But ‘balance’ today is a political word,
not an economic one
Felippe Rodrigues
and Kate Newton (Stuff): Hey
big spending: The Budget in five charts
Derek
Cheng (Herald): The
10 things you need to know
Jo
Moir (Newsroom): PM
banking on middle NZ putting kids first
Hannah Kronast
(Newshub): ACT
leader David Seymour slams 'la-la Budget', compares it to an
episode of That '70s Show
Brigitte Morten
(RNZ): Budget
21 is a 'cheugy', living in the past budget
Susan Edmunds
(Stuff): Business
'overlooked' as Government focus turns to benefits and health
sector
Jason
Walls (Herald): The
'La La Budget' vs 'Broken Compass Budget' – Opposition battles for
unofficial Budget name
Bryce Edwards: Cartoons
about Budget 2021
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