Politics

Budget 2015: What you need to know

06:14 am on 22 May 2015

Key points from the Government's 2015 Budget include a boost to benefit payments for families, a deficit and the end of the $1000 KiwiSaver kickstart.

Prime Minister John Key, left, and Finance Minister Bill English head into Parliament to deliver Budget 2015. Photo: RNZ / Alexander Robertson

The increase in benefit rates is the first in 43 years outside annual adjustments for inflation.

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Finance Minister Bill English said the Government needed to target a narrower range of families to have an impact on those living in hardship.

The Opposition has accused the Government of helping the most vulnerable at the expense of "those just a couple of rungs up the ladder" and doing the "bare minimum" to address child poverty.

Review RNZ's live coverage of Budget 2015 - as it happened

Listen to Political Editor Brent Edwards

New spending on child poverty

Surplus versus deficit

Ministers Steven Joyce (left), Paula Bennett and Bill English arrive at the lock-up at Banquet Hall, Parliament. Photo: RNZ / Alexander Robertson

Savings on KiwiSaver

Child support penalties scrapped

In studio: RNZ's economics correspondent Patrick O'Meara, left, host Susie Ferguson and political editor Brent Edwards. Photo: RNZ

Education: "Slim pickings"

Health: "Flat-lining"

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Labour leader Andrew Little responds to Budget 2015. Photo: RNZ / Alexander Robertson

Green Party co-leader Metiria Turei speaking today at Parliament. Photo: RNZ / Alexander Robertson