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Key Notes: Investing in education and innovation

The Budget next month will set out the next steps in our economic programme.

Our focus as a government remains front and centre on ensuring the economy continues to perform well.

That’s because it’s only through a strong, growing economy that we’re able to create more jobs, lift wages and deliver better public services to those who need them most.

It also means we’re able to deliver important policies that provide opportunities for more New Zealanders and their families to get ahead.

Today in Wellington I outlined some important announcements ahead of Budget 2015.

The first was we will provide another $244 million over the next four years for seven new schools, major expansions at four other schools, and an extra 241 classrooms at existing schools right around New Zealand.

I also announced we will invest another $80 million over four years into encouraging more private sector R&D.

The National-led Government has boosted science and innovation funding significantly since we came into government – this year it will total $1.5 billion – a 70 per cent increase since 2008.

To read my full speech click here.

To view a short video summary of my speech click here.

Kind regards,

Rt Hon John Key


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