For New Zealand First ‘Budget 2019’ is about investing in New Zealand. We have built on the
platform of the first coalition budget and ticked off more of our Coalition Agreement commitments.
After nine years of these problems being ignored, we’re proud to be getting on with the job of
starting to fix the long-term challenges facing New Zealand.
Our significant budget announcements to invest in New Zealand:
- $1.042 billion in infrastructure for KiwiRail;
- $2.175 billion for Defence including the purchase of P-8A Poseidon Maritime patrol aircraft,
- $58 million to transform our forestry sector
- The phase out of the betting levy over next three years, with freed up funds to be redirected to the racing and sports sectors, valued at $28 million over the next three years.
- $1.7 billion for the redevelopment of the Dunedin Hospital
- $2 billion DHB capital investment including deficit support
- $1.2 billion 10-year school property programme
- $300 million venture capital fund
- $229 million for a sustainable land use package to invest in projects for farmers to use land better and clean up waterways
- $157 million funding for research and development
- $12.3 million for strengthen biosecurity
- $20.8 million for combatting Kauri Dieback
- $472 million eradicating Mycoplasma Bovis
Our significant budget announcements to invest in New Zealanders:
- $7.7 million to upgrade and enhancement of the SuperGold Card
- $21 million to secure St John Ambulance Services
- $153.7 million to support young people transitioning from state care
- $4.1 million boost in funding support for Veterans
- $1.1 billion for children in state care
- $1.5 billion package for mental health and addiction services
We are putting a human face on capitalism and are focusing on achieving the best long term
outcomes by investing in New Zealand and New Zealanders.