Parliament

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

 

BUDGET SUMMARY – Highlights and key points

budget 2001
Highlights and key points


- The operating surplus for 2000-01 is projected to be $641 million.

- Spending is at its lowest level as a proportion of gross domestic product since 1977.

- Net debt is forecast to fall to 17.8 per cent of gdp by the end of this electoral term, down from 21.7 per cent when the Government took office.

- $34.35 million package for economic and regional development

- An extra $467 million over four years for education, featuring boosts for adult literacy programmes, early childhood education and school principals' professional development.

- A commitment of nearly $62 million over four years on implementing the review of sport, fitness and leisure.

- An investment of $20 million in establishing centres of research excellence in tertiary institutions.

- A commitment of $100 million in the coming year to the New Zealand Venture Investment Fund so more businesses can be set on the path to global success.

- New health spending in the budget of about $1.4 billion over the next four years million, including $84.4 million a year for elective surgery.

- An increase of $173 million over four years for Child, Youth and Family Services.

- An extra $166 million for the police over the next four years.

- New spending of $46 million over four years on cultural and economic empowerment for Maori.

- The budget makes an initial contribution of $600 million to the New Zealand Superannuation Fund.

ENDS



© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

PM Announces Royal Commission Into Christchurch Attacks

Prime Minister Jacinda Ardern has announced that there will be a Royal Commission of Inquiry into security agencies following the Christchurch terrorist attacks... The inquiry will look at what could or should have been done to prevent the attack, Ms Ardern said. More>>

Gordon Campbell: On Ridding The Net Of White Supremacist Propaganda

Although it won’t be a walk in the park, gun law reform will be an easier job than neutralising the Internet hate content that (a) recruited the Christchurch shooter, and (b) confirmed him in his beliefs. More>>

Friday: National Remembrance Service

A National Remembrance Service for the victims of the Christchurch mosques terrorist attack, and all those affected by it, will be held at 10am on Friday 29 March, Prime Minister Jacinda Ardern announced. More>>

SCOOP COVERAGE: CHRISTCHURCH MOSQUES TERROR ATTACK
For the Latest: Scoop Search - Christchurch
 

Gordon Campbell: On The School Climate Strike

Locally, the school strike has won a ton of support for bringing climate change to the fore. Yet the strikers don't want mere expressions of support. They want action. More>>

ALSO:

"Grabbed And Struck In The Face": Greens Co-Leader Attacked While Walking To Work

Green Party co-leader James Shaw was the victim of an unprovoked attack when he was walking to work in Wellington. More>>

ALSO:

████████ ████ ███: Latest OIA Statistics Released

The latest statistics cover 110 agencies that collectively completed 18,106 official information requests between July and December 2018, a 16.4% increase on the 15,551 requests for the previous six months. More>>

ALSO:

'Hit And Run' Inquiry: New Legal Action Over Secrecy

The lawyer representing the Afghan villagers in the inquiry into Operation Burnham has launched legal proceedings calling for a judicial review in the investigation. More>>

ALSO:

From Hydro Plan To...: Mokihinui River Land To Join Kahurangi National Park

A total of 64,400 hectares of conservation land in the Mokihinui River catchment on the West Coast north of Westport, including 15 km of riverbed, is being added to Kahurangi National Park. “Adding this area, roughly half the size of Auckland City, to Kahurangi is the largest addition of land to an existing national park in New Zealand’s history,” Eugenie Sage said. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels