Parliament

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

 

$2.1b investment in public infrastructure

Hon Bill English

Minister of Finance

26 May 2016

$2.1b investment in public infrastructure

Budget 2016’s $2.1 billion public infrastructure package will deliver on the Government’s commitment to build a stronger, more productive economy and deliver better public services, Finance Minister Bill English says.

Education, transport and housing will all receive considerable investment, as will the residents of Christchurch, who will see the results of the Government’s ongoing commitment to rebuilding and regenerating the city.

“Population growth, boosted by Kiwis returning home, is increasing demand for public services, so we are investing in infrastructure now to ensure all New Zealanders can continue having access to high quality public services,” Mr English says.

School infrastructure is a key part of the package. The $882.5 million investment will deliver 480 new classrooms, nine new schools, two school expansions as well as the relocation and rebuilding of three schools and a Kura.

This includes $168.5 million for the Christchurch schools rebuild programme, which is now in its third year and has completed six schools, with a further eight under construction.

Mr English says the infrastructure package also includes funding for the Government’s previously announced Accelerated Regional Roading Programme.

“Regional communities will be better connected with $115 million in Budget 2016 for roading projects in Gisborne, Marlborough and Taranaki,” he says.

Other parts of the infrastructure package include:

• $190.2 million for KiwiRail as part of the two-year package announced last year. The Government has a strong expectation that KiwiRail will continue to improve its performance to reduce the level of Crown support required in future.

• $37 million for tourism infrastructure. This includes $25 million to upgrade the New Zealand Cycle Trail, Nga Haerenga, and ensure it continues to offer a world-class visitor experience. A further $12 million is being provided to help communities with smaller-scale infrastructure projects, such as restrooms and carparks.

• $857 million for Inland Revenue to modernise the tax administration system and make it easier for New Zealanders to meet their tax obligations.

• $19.5 million for the construction of a high-security national biocontainment laboratory to help prevent the spread of high-risk diseases.

In addition, a further $599.6 million has been set aside in contingency for additional infrastructure investment.

“These major infrastructure projects will help deliver better public services and support solid economic growth into the 2020s,” Mr English says.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Vulnerable Kids, RNZ Funding, And Poppy

The decision to remove the word ‘vulnerable’ from the Ministry for Vulnerable Children could well mark a whole shift in approach to the care of children in need.

And I’m hedging with the ‘could well’ only because the Ardern government hasn’t yet spelled out whether the name change it has announced will also involve a rejection of the controversial use of Big Data to try and predict those children deemed to be at highest risk of inter-generational reliance on welfare support. More>>

 

Principals' Federation: End Of National Standards

Today the Minister of Education announced that the Government has stopped the controversial National Standards system of assessment and declared them an arbitrary measure which did not raise children's achievement as the previous Government intended. More>>

ALSO:

Public Good: People’s Report On Public Broadcasting And Media Presented

The People’s Commission on Public Broadcasting and Media, was crowdfunded and was informed by an extensive consultation, seeking the views of both those working in Media as well as gathering input both online and in person from ordinary Citizens. More>>

ALSO:

RBNZ To RNZB: PM's Press Conference

Prime Minister Jacinda Adern was joined by Minister of Finance Grant Robertson and Minister for Children Tracey Martin to announce the appointment of Adrian Orr as the new Governor of the Reserve Bank and the name change of the Ministry for Vulnerable Children to ‘Oranga Tamariki - Ministry for Children’. More>>

ALSO:

'Taming Globalised Capital': Why Is Labour Supporting Investment Rules In WTO?

‘Today, we learned the new government has added New Zealand’s name to a proposal designed to lead to foreign investment rules in the WTO at this week’s ministerial meeting in Argentina,’ said Auckland University Professor Jane Kelsey. More>>

ALSO:

Gordon Campbell: On The Politics Of Scaring Voters Back Into Line

Fear has always been a useful mobilising tool in politics… yet in 2017, bogeymen of all shapes and sizes seem to have fallen on hard times. For years, the National party had painted itself as being the only reliable defensive bastion against the terrifying prospect of a centre-left government… More>>

ALSO:

Gordon Campbell: On Drinking Water As A Failure Of Political Leadership

It is almost possible to feel sorry for the Health Ministry in their terrible, no good, very bad week... More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages