The Budget and why it matters: What you need to know : vimar

The Budget and why it matters: What you need to know


The Budget and why it matters: What you need to know
© RNZ / Vinay Ranchhod
Explainer - The Budget is approaching. From the way politicians, journalists, pundits and businesspeople talk it's like a secret society having the party of the year, but surely it's just numbers and columns?
What actually is it? Is it really that important? Can I even do anything about it?
RNZ is here to clear it all up.
What is the Budget?
In simple terms, the Parliamentary Budget (with a capital B) is just like a household budget (lower case b) on a larger scale.
It's an assessment of how much money the government has - taking into account debt, and income from tax and other things - and sets out the things the government plans to spend that money on.

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