Budget 2010: ONE News Special

2:00pm Thursday, May 20 on TV One

Budget 2010 today at 2pm on TV ONE, is one that will directly affect everyone, with GST expected to go up and taxes expected to come down. TVNZ business editor, Corin Dann, hosts LIVE coverage of Budget 2010 and tells viewers exactly how their finances will be affected by the changes.

Corin Dann presents NZI Business on weekday mornings on TV ONE and believes, “it’s going to be a lean budget with little new money for the government to throw around.”

Just how much new money will be detailed by finance minister, Bill English in his budget speech, broadcast live on TV ONE from 2pm, followed by expert analysis and LIVE market updates throughout the afternoon.

Dann believes, “some sectors are going to miss out on new money altogether which means that while there will be budget winners as usual, there are going to be plenty more losers this time.”

The focus of Budget 2010 is expected to be primarily around property and tax but Dann expects analysts to be scrutinising the government’s books too. “We’ll be taking a look at Bill English’s efforts to try to improve the health of the crown accounts – can he bring the government back into surplus sooner than was forecast last year? Has he managed to reduce government borrowing? How will markets react given their increased concerns about sovereign debt this year?”

All these questions will be answered, plus coverage of the budget changes that will affect viewers personal finances in Budget 2010 – ONE News Special.

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