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Home / Bay of Plenty Times

NZ Herald Focus: Budget 2016 - Are you a winner or loser?

NZ Herald
26 May, 2016 05:00 AM3 mins to read

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      Tristram talks to our panel of NZ Herald experts about what the budget means for you.

      • Live updates and reaction to Bill English's Budget speech
      • 10 things you need to know: Budget at a glance
      • INTERACTIVE: Where the money is being spent
      • FULL BUDGET 2016 COVERAGE HERE
      • Join the conservation on Twitter #Budget2016

      Are you a Budget winner or Budget loser? Here's what Bill English's Budget means if you are ...

      A retiree

      • No increase in pensions
      SuperGold cardholders get close to $41 million in extra funding over four years
      • A national bowel cancer screening programme costing $39m over four years. The programme will screen more than 700,000 60 to 74-year-olds over the two years.
      • Increased funding for DHBs ($1.6b over four years)
      • Increased money for publically-funded drugs and ambulance services

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      Looking to buy a house

      • No specific measures in the Budget for first-home buyers
      • $100m to open more Crown land for housing in Auckland

      A student

      • Tertiary fee increases will be capped at 2 per cent next year and 2018
      • $1.6m given to a programme to help the increasing number of engineering students transition into the workforce
      • $86 million in tuition subsidies given to tertiary providers who offer science, agriculture, veterinary science and undergraduate medicine.
      • An extra $36 million for sub-degree courses - those most commonly taught at polytechnics
      • Extra funding for apprentices, free foundation courses, workplace literacy and numeracy
      • No extra accommodation support for students
      • No increase in the student allowance

      A family

      • Extra money to free doctor's visits to under-13s
      • More than $40m on offer to support children at risk of not achieving
      • $1.44 billion more in education, including $882.5m for 480 classrooms and nine new schools
      • A freeze on schools' operational funding as $43m is instead targeted at 150,000 at-risk children

      A frequent healthcare user

      • An extra $2.2 billion will be pumped into health over four years to help cope with an ageing population and record immigration
      • Increased funding for DHBs ($1.6m over four years)
      • A national bowel cancer screening programme costing $39m over four years. The programme will screen more than 700,000 60 to 74-year-olds over the two years.
      • $96 million to provide more elective (non-urgent) surgery
      • $12 million to expand intensive alcohol and drug support for pregnant women.
      • $12 million for mental health services.
      • $124 million for Pharmac to provide access to new medicines. Pharmac will likely fund next generation melanoma drug Opdivo.
      • An extra $169.2m over four years for disability support

      Looking for a job

      • $14.4m to fund 5500 more apprenticeships by 2020
      • Expanded workplace literacy and numeracy fund

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      On a low-income

      • Society's most vulnerable will receive a $650 million funding boost spanning health, welfare and education services
      • $200m additional funding to keep rents income-related for state houses
      • $36m for insulation of homes of low-income people
      • $258m to provide at least 750 more social housing places in Auckland
      • $42 million will support 3000 emergency housing places a year

      Discover more

      Business

      Budget 2016 - What it means for you

      26 May 01:00 AM
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