--- title: BUDGET SPECIAL ALERT 2018 description: "Small Business Accounting Wanganui \n\n“We are committed to living within our means and having a buffer to deal with the risks and shocks that a small country like New Zealand inevitably faces.”\nHon Grant Robertson, Finance – Minister\n\nThere weren’t too many surprises with the 2018 Budget. It marks a point on a continuum rather than signifying an actual threshold crossed. The Government has been signposting their direction all year and proposals relating to tax and other sectors are still out for consultation and may not start to be realised until next year at the earliest. No big carrots. No big sticks.\n\nTransformation and building are the keywords being employed to address social and infrastructure deficits. Treasury forecasts economic growth at an average of 3% a year over the next four years with a surplus for the 2018/19 year of $3.7 billion. Part of the strategy is to slow debt repayment but if the surpluses and economic growth rate behave as forecast, the net debt to GDP ratio should decrease below the targeted 20% within four years." image: https://web.archive.org/web/20230130130705im_/https://balanceca.nz/wp-content/uploads/2018/06/Screen-Shot-2018-06-06-at-10.11.19-AM-1.png --- [![Ecom](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/Logo_1.png)](https://balanceca.nz/) - [Home](https://balanceca.nz/) [![Ecom](https://balanceca.nz/hs-fs/hubfs/raw_assets/public/codfina/images/image_web/startup.png?width=60&name=startup.png) Start-ups](https://balanceca.nz/start-ups) [![Established](https://balanceca.nz/hs-fs/hubfs/raw_assets/public/codfina/images/image_web/establishedbusinesses.png?width=60&name=establishedbusinesses.png) Established Businesses](https://balanceca.nz/established-businesses) [![Agricultural](https://balanceca.nz/hs-fs/hubfs/raw_assets/public/codfina/images/image_web/agriculturalbusinesses.png?width=60&name=agriculturalbusinesses.png) Agricultural Businesses](https://balanceca.nz/agricultural-businesses) - [About](https://balanceca.nz/about-us) - [Services](https://balanceca.nz/services) [![image](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/services_1.png) Annual Accounting & Tax Services](https://balanceca.nz/services#nav_f4) [![image](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/services_2.png) Business Support Services](https://balanceca.nz/services#nav_f4) [![image](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/services_3.png) Business Development](https://balanceca.nz/services#nav_f4) [![image](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/services_4.png) Business Planning](https://balanceca.nz/services#nav_m4) [![image](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/services_5.png) Cashflow Management](https://balanceca.nz/services#nav_m4) [![image](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/services_6.png) Accountability Coaching](https://balanceca.nz/services#nav_m4) [![image](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/services_7.png) Succession Planning](https://balanceca.nz/services#nav_m4) [![image](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/services_8.png) Organisational Review](https://balanceca.nz/services#nav_b3) [![image](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/services%20icon-9.png) Governance](https://balanceca.nz/services#nav_b3) [![](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/services-10-01.png) Specialist Māori Sector Services](https://balanceca.nz/services#nav_f4) [![](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/11_Connections.png) Connections](https://balanceca.nz/services#nav_b3) # BALANCE Take control of your finances with BalanceCA, your trusted partner for all your accounting and financial needs. 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It marks a point on a continuum rather than signifying an actual threshold crossed. The Government has been signposting their direction all year and proposals relating to tax and other sectors are still out for consultation and may not start to be realised until next year at the earliest. No big carrots. No big sticks.   Transformation and building are the keywords being employed to address social and infrastructure deficits. Treasury forecasts economic growth at an average of 3% a year over the next four years with a surplus for the 2018/19 year of $3.7 billion. Part of the strategy is to slow debt repayment but if the surpluses and economic growth rate behave as forecast, the net debt to GDP ratio should decrease below the targeted 20% within four years. ![image](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/Logo_1.png) ##### Balance Whanganui - [0800 480 062](tel:+640800480062) [06 348 0062](tel:+64063480062) - [whanganui@balanceca.nz](mailto:whanganui@balanceca.nz) - 10 Dublin Street, Whanganui, 4500 PO Box 670, Whanganui, 4540 ##### Balance New Plymouth - [06 769 5389](tel:+64067695389) - [newplymouth@balanceca.nz](mailto:newplymouth@balanceca.nz) - 141 Powderham Street PO Box 593, New Plymouth Central, New Plymouth 4310 ##### Balance Stratford - [06 765 6156](tel:+64067656156) - [stratford@balanceca.nz](mailto:stratford@balanceca.nz) - 199 Broadway, Stratford, 4352 PO Box 670, Stratford, 4352 Balance Official 2026. All rights reserved. [mailto:hello@balanceca.nz](mailto:hello@balanceca.nz) [tel:+640800480062](tel:+640800480062) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Balance CA", "url" : "https://balanceca.nz/blogs/author/balance-ca" }, "dateModified" : "2024-01-20T18:49:53.907Z", "datePublished" : "2024-01-20T18:49:53.000Z", "headline" : "BUDGET SPECIAL ALERT 2018", "image" : [ "https://web.archive.org/web/20230130130705im_/https://balanceca.nz/wp-content/uploads/2018/06/Screen-Shot-2018-06-06-at-10.11.19-AM-1.png" ], "mainEntityOfPage" : { "@id" : "https://balanceca.nz/blogs/budget-special-alert-2018", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject" } } } ```