Trisha Shetty (Editor)

2016 New Zealand budget

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Submitted by
  
Bill English

Party
  
National

Total expenditures
  
$77.4b

Presented
  
21 May 2016

Total revenue
  
$78.5b

2016 New Zealand budget

Parliament
  
Parliament of New Zealand

The New Zealand budget for fiscal year 2016/17 was presented to the New Zealand House of Representatives by Finance Minister Bill English on 26 May 2016. It was the eighth budget English has presented as Minister of Finance, and the eighth budget of the Fifth National Government.

Contents

Economic Development and Infrastructure

  • $22.2 million over four years to increase national cyber security, including establishing a new government agency to assist in detecting and responsing to cyber security threats.
  • $20 million over four years to the tourism sector, to fund small infrastructure projects to cope with increasing tourist numbers and to target growing tourism markets.

    • Education

  • $15.3 million over four years to provide extra teacher aide support for students with special needs.

    • Health

  • $39 million extra funding in 2016/17 and $124 million over four years to increase Pharmac's annual pharmaceutical budget.

    • Māori, Other Populations and Cultural

  • $303 million over five years to combine the New Zealand Fire Service, the National Rural Fire Authority and rural fire authorities into one organisation.
  • $12.6 million over four years to the Māori Housing Network for Māori housing projects.

    • Social Development and Housing

  • $41.1 million over four years to provide for 3000 emergency housing places.

    • References

    2016 New Zealand budget Wikipedia
    (Text) CC BY-SA


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