2016 New Zealand Budget
   HOME

TheInfoList



OR:

The New Zealand budget for fiscal year 2016/17 was presented to the New Zealand
House of Representatives House of Representatives is the name of legislative bodies in many countries and sub-national entities. In many countries, the House of Representatives is the lower house of a bicameral legislature, with the corresponding upper house often ...
by
Finance Minister A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfoli ...
Bill English Sir Simon William English (born 30 December 1961) is a New Zealand former politician who served as the 39th prime minister of New Zealand from 2016 to 2017 and Leader of the New Zealand National Party, leader of the New Zealand National Party, ...
on 26 May 2016. It was the eighth budget English has presented as Minister of Finance, and the eighth budget of the Fifth National Government.


Breakdown by sector


Economic Development and Infrastructure

*$22.2 million over four years to increase national cyber security, including establishing a new government agency to assist in detecting and responding to cyber security threats. * $20 million over four years to the tourism sector, to fund small infrastructure projects to cope with increasing tourist numbers and to target growing tourism markets.


Education

*$15.3 million over four years to provide extra teacher aide support for students with special needs.


Environment


External


Finance and Government Administration


Health

*$39 million extra funding in 2016/17 and $124 million over four years to increase Pharmac's annual pharmaceutical budget.


Justice


Māori, Other Populations and Cultural

*$303 million over five years to combine the New Zealand Fire Service, the National Rural Fire Authority and rural fire authorities into one organisation. *$12.6 million over four years to the Māori Housing Network for Māori housing projects.


Primary Industries


Social Development and Housing

*$41.1 million over four years to provide for 3000 emergency housing places.


References


External links


New Zealand Treasury - Budget 2016
{{DEFAULTSORT:2016 New Zealand Budget
Budget A budget is a calculation plan, usually but not always financial plan, financial, for a defined accounting period, period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including tim ...
New Zealand budgets
New Zealand New Zealand () is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and List of islands of New Zealand, over 600 smaller islands. It is the List of isla ...
May 2016 in New Zealand