Generally positive reaction from the business community today to Budget 2012.
Prime Minister John Key has delivered a post budget speech to a group of 800 business leaders in Auckland.
PWC managing partner of markets Bruce Baillie says Mr Key was talking to a friendly crowd but the reaction has been a favourable one for him.
"The areas they want to spend money in health and education make sense and they don't have a lot of room to move. At the end of the day I think 'predictable' is probably the term I'd use."
Photo: NZ Herald