Budget 2018 Summary

Budget 2018 was significant for New Zealand First, delivering on many of our Coalition Agreement commitments.

The Coalition Government’s first Budget provided $24 billion in extra operational and capital funding to restore lost capacity in our public services, protect and enhance our environment, regenerate our regions, and ensure the safety of our communities.

Below are some of New Zealand First’s key wins from Budget 2018:

 

POLICE:

We allocated $298.8 million in new operating funding and $17.8 million in capital funding to the New Zealand Police to train 1800 new police officers – the biggest increase in police resources ever.

 

 

HEALTH:

540,000 New Zealanders benefitted from cheaper GP visits from funding in Budget 2018, including the extension of free visits to all under 14’s.

 

 

DEFENCE:

$367.7 million was allocated over 4 years to enhance the Defence Force’s capability, and $42.3 million in capital funding was allocated for modernisation.

 

 

FORESTRY:

The One Billion Trees planting programme was funded and the Forestry Service re-established to revitalise the forestry sector and offset our carbon emissions.

 

 

BIOSECURITY:

Biosecurity New Zealand received $9.3 million in extra funding to deal with biosecurity threats, and a vital $85m in funding was allocated to help tackle Mycoplasma bovis.

 

 

RESEARCH AND DEVELOPMENT:

Approximately $1 billion was allocated over four years for a 12.5 percent research and development tax credit to support New Zealand’s innovators.

 

 

TAX:

Inland Revenue received an extra $31m in the Budget to crack down on tax dodgers, which is expected to raise $180m+ in revenue.

 

 

 

CONSERVATION:

The Department of Conservation received $181.6m, the largest jump in conservation funding since 2002.

 

 

LIMITED SERVICE VOLUNTEER:

We doubled the number of Limited Service Volunteers place from 800 to 1600 to help transform the lives of more our young people through the programme.

 

 

Please check your e-mail for a link to activate your account.