Finance Minister Nicola Willis will present the 2025 Budget in Parliament at 2pm today. (NB: This is our buster image - do not use before 12pm on Thursday, May 22)
SCROLL DOWN TO SEE THE INTERACTIVE
This year’s Budget details $187,993,985,000 of Government spending. That’s nearly $200 billion.
The interactive below shows this spending is shared around. See how the Budget’s major spending categories have changed since last year’s Budget. Click on a category title tosee how spending has changed since 2014. Or click on a category to drill down into the 1316 low-level categories used to group Government spending.
Many of the spending announcements for the Budget cover multiple years of spending. The spending in this interactive is just for a single year.
Budget spending is grouped by categories the Treasury calls “votes”. The groupings in the interactive above are based on votes with the following modifications:
Spending on NZ Superannuation has been separated from the rest of “Social Development” spending.
The new Defence and Defence Force spending has been combined.
Spending on Corrections, Court, Justice and Police has been combined.
All votes where total spending is less than $1b have been combined into “Other spending”.
Individual spending allocations in the Budget are called “appropriations”. If you click on any of the categories above you can see the individual appropriations.
Due to a large non-cash change in the accounting related to veterans’ entitlements, the appropriations Service Cost - Veterans’ Entitlements has been excluded from the interactive.
In the first version of the time series graphs the estimated expenditure for 2022 was missing.
Do you have questions about the Budget? Ask our experts - business editor at large Liam Dann, senior political correspondent Audrey Young and Wellington business editor Jenee Tibshraeny - in a Herald Premium online Q&A here at nzherald.co.nz at 9.30am, Friday, May 23.
