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Home / Bay of Plenty Times

Grant Robertson's Budget 2018: At a glance - what you need to know

Claire Trevett
By Claire Trevett
Political Editor, NZ Herald·NZ Herald·
17 May, 2018 02:00 AM2 mins to read

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Budget commentary by Audrey Young
New Zealand Political editor Audrey Young weighs in on the new 2018 budget. ...
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      New Zealand Political editor Audrey Young weighs in on the new 2018 budget.
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      Listen: Jacinda Ardern talks the 2018 Budget

      THE POLICIES:

      • Health: $3.2 billion injection over four years, including $2.2b more for DHBs and $126m for elective surgeries and other areas. $750m for hospital upgrades and rebuilds.

      • Cheaper doctor visits for more than 500,000 people. Free GP visits extended to 13-year-olds (56,000 more children). About 540,000 people eligible for Community Services cards will get $20 to $30 cheaper GP visits. Cost $385 m.

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      • Midwives: $112m more for community midwives, including 8.9 per cent fee increase to level them with DHB midwives.

      • Housing: $3.8b to build 6400 more state houses by 2022 and $170m for emergency housing. Insulation subsidies for low-income families. HNZ to borrow $3b.

      • Education: $395 million to build new schools and classrooms. Includes $62 million for Christchurch schools rebuild and $332m nationwide.

      • Education: $650m for schools. Includes $204m more for a 1.6 per cent increase to schools' operational funding and to cover school roll growth.

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      • $370m to fund 1500 new teacher places 2021 ($70m more than National funded).

      • Early childhood education: $590m to fund more places and a 1.6 per cent funding increase for ECE centres from January 2019.

      • Police: $300 mill for 920 more police officers and 240 support staff.

      THE MONEY:

      Discover more

      New Zealand|politics

      Live: Budget day secrets to be revealed

      17 May 12:23 AM
      New Zealand

      Interactive: Crunching the numbers - Budget 2018 in detail

      17 May 02:15 AM
      New Zealand|politics

      Canterbury's rebuild gets $300m boost

      17 May 01:59 AM

      • Surplus of $3.1 billion forecast to rise to $7.3 billion by 2022.

      • Operating allowance $2.8 billion, capital allowance $3.8 billion

      • Debt: net core Crown debt forecast to peak at $67.6b in 2021, up from $59 billion. Will remain at between 20-21 per cent of GDP and drop to 19 per cent in 2022.

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