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

Gordon Campbell: On The Demise Of The Tokyo Olympics

As the Covid vaccines roll out around the world, the Tokyo Olympics are looming as a major test of when (and whether) something akin to global normality can return – to international travel, to global tourism, to professional sport and to mass gatherings of human beings. Currently though, it looks like a forlorn hope that Japan will be able to host the Olympics in late July. Herd immunity on any significant scale seems possible only by December 2021, at the earliest... More>>

 

New Zealand Government: Cook Islanders To Resume Travel To New Zealand

The Prime Minister of New Zealand Jacinda Ardern and the Prime Minister of the Cook Islands Mark Brown have announced passengers from the Cook Islands can resume quarantine-free travel into New Zealand from 21 January, enabling access to essential services such ... More>>

ALSO:

A New Year: No politicians at Rātana in 2021

Annual celebrations at Rātana pā will be different this year, amid a decision to hold an internal hui for church adherents only… More>>

ALSO:

Government: Pre-Departure Testing Extended To All Passengers To New Zealand

To further protect New Zealand from COVID-19, the Government is extending pre-departure testing to all passengers to New Zealand except from Australia, Antarctica and most Pacific Islands, COVID-19 Response Minister Chris Hipkins said today. More>>

ALSO:

Covid: Border Exception for 1000 International Students

The Government has approved an exception class for 1000 international tertiary students, degree level and above, who began their study in New Zealand but were caught offshore when border restrictions began....More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels