New Zealand budget drives deepening austerity - World Socialist Web Site
▻http://www.wsws.org/en/articles/2013/05/27/nzbd-m27.html
New Zealand budget drives deepening austerity
By John Braddock
27 May 2013
New Zealand’s National Party-led government handed down its 2013 budget on May 16. While presented by media commentators as a moderate, “steady-as-she-goes” budget, it received a positive reception from the financial markets. It entrenches the ruling elite’s austerity agenda and initiates the next phase of asset sales.