Parliament

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

 

Annual education investment to exceed $11b

Hon Hekia Parata

Minister of Education

26 May 2016

Annual education investment to exceed $11b

Additional investment in early childhood education, children with special needs, and new schools and classrooms takes annual education spending above $11 billion for the first time, Education Minister Hekia Parata says.

“Education is the key to the future and this investment, at a time of low inflation, demonstrates the Government’s ongoing commitment to raising achievement for all our kids,” Ms Parata says.

Since 2008, the proportion of children participating in ECE has risen from 93.6 per cent to 96.6 per cent, and the proportion of 18-year olds with NCEA Level 2 has risen from 68 per cent to an estimated 84.4 per cent.

“Our children are starting school better prepared to learn and leaving school better equipped for adulthood,” Ms Parata says.

Budget 2016 provides additional education investment of $1.44 billion. This includes $640.5 million of operating funding over the next four years, plus $75.1 million in 2015/16 and $727.3 million in capital. Key spending includes:

• An extra $396.9 million over the next four years, plus $39.2 million in 2015/16, for ECE. By 2019/20, this will provide funding for a further 14,000 children.

• $43.2 million over the next four years for schools educating students most at risk of educational under-achievement. The increase will be targeted at schools, regardless of decile, based on how many materially disadvantaged students are on their rolls. While there will not be a general increase in school operations grants this year, schools will continue to receive the existing $1.38 billion in operations grants.

• $42.1 million over the next four years for students with high and special educational needs.

• $882.5 million investment in school property with 480 new classrooms, nine new schools, two school expansions and the relocation and rebuilding of three schools and a kura. This consists of $155.2 million of operating over the next four years and $727.3 million of capital.

“Budget 2016 directs increased education funding to where it will make the most difference,” Ms Parata says. “It continues this Government’s considerable investment in the educational future of all our children and young people.”

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Decision Day: Peters Chooses Labour

Winston Peters says he will form a Government in coalition with Labour and the Greens giving confidence and supply.

Peters said he had been offered the position of Deputy Prime Minister and a number of other ministerial posts would go to his colleagues

He said economic and monetary policy changes were needed to face a coming economic downturn.>>>More

Reaction

Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome

 

Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>

ALSO:


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>

ALSO:

Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>

ALSO:

Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>

ALSO:

Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>

ALSO:

Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>

ALSO:

Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election