Three University of Auckland students won the inaugural Alternative Budget competition, sponsored by the Productive Economy Council and the New Zealand Manufacturers and Exporters Association.

The Productivity Pandas, comprised of James Ruddell, Nupur Upadhyay and Alexander Kirch, beat five other teams last night in a competition designed to start Gen Y debating the decisions Baby Boomers were making for them. According to the Panda's, a budget should aim to maximise economic prosperity while maintaining the core social values of New Zealand society. A copy of their Budget Policy Statement and video of their presentation and subsequent Q & A can be found here.