Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

budget 2000: Developing an innovative economy

budget 2000: Developing an innovative economy


Budget 2000 contains a suite of measures to assist business and regional development, to add knowledge to New Zealand's productive base and to unlock the potential of e-commerce. We want to develop an economy which adapts to change and increases the employment opportunities and incomes of all New Zealanders.

Economic Development

 New funding of $331.875 million [including GST] over the next four years.
 Industry and regional development will receive $33.750 million in Year One, $73.125 million in Year Two and $112.50 million in Year Three and subsequent years.
 An additional $3.375 million a year to the Ministry of Economic Development for policy advice on economic development.
 New embassy in Brazil.


The Knowledge Economy

 Over $43 million in Year One for research, science and technology, including a record $20.8 allocation to encourage R&D in the private sector.
 More than $11 million over the next four years to promote e-commerce.
 $9.5 million over two years for Trade New Zealand to improve its online services for exporters. [Announced 19 May]
 Funds to promote export education. [Announced 23 May]
 $400,000 over four years to strengthen consumer protection on the net. [Announced 9 June]


Employment

 $21 million in additional funding over four years to buy vocational services for people with disabilities.
 $25 million over four years to help the unemployed gain work experience.
 $28 million over 4 years on Mäori and Pacific Island employment initiatives. [Detailed in the 'Closing the Gaps' package.]

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Tax Working Group’s Road Map

Trying to analyse the interim report on the Tax Working Group (TWG) is like trying to review an entire All Blacks game, but at the half- time mark.

With so much still to be finalised, Sir Michael Cullen and his colleagues are going to need all the All Blacks’ fabled finishing skills to get a coherent, fiscally neutral package together by the February 2019 deadline. More>>

 

Meth Testing Report: Housing NZ "To Right Wrong"

Phil Twyford “Housing NZ acknowledges that around 800 tenants suffered by either losing their tenancies, losing their possessions, being suspended from the public housing waiting list, negative effects on their credit ratings or, in the worst cases, being made homeless.” More>>

ALSO:

No Reshuffle: Meka Whaitiri Removed As A Minister

Meka Whaitiri will be removed as a Minister with immediate effect... The decision was made after receiving a report into an incident that occurred on 27 August in Gisborne, involving Meka Whaitiri and one of her staff. More>>

ALSO:

Pay Equity Bill: Making History For Women’s Pay

The Equal Pay Amendment Bill, introduced to the House today, will make it easier for workers to make a pay equity claim , using a more simple and accessible process within New Zealand’s existing bargaining framework. More>>

ALSO:

Suffrage 125: NZ A Trailblazer For Women

“We acknowledge the work of Kate Sheppard, Meri Te Tai Mangakāhia, and all of the suffragists who tirelessly campaigned for the vote… Today we also need to ask each other: how we can continue to make our country a fairer and better place to continue the legacy of the suffragists.” More>>

ALSO:

Asylum: Refugee Quota Increasing To 1500

“The quota increase will take place from July 2020. In the meantime, we will work to increase the number and spread of refugee resettlement and support services. We need to make sure we’re prepared for this change in policy.” More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels