Robin Gauld, University of Otago New Zealand’s budget brings a significant funding injection for health and disability services, amounting to around a 9% increase. It is the most substantial increase for the health sector in some time, and in this regard, aligns with the government’s 2019 well-being budget. Overall, the budget provides an additional NZ$4.3 billion over the next four …
Read More »Budget 2020
Will New Zealand’s $50 billion budget boost Jacinda Ardern’s chance of being re-elected?
Grant Duncan, Massey University New Zealand Prime Minister Jacinda Ardern has won global admiration for her personal style. But how will Kiwis judge her government’s performance at the ballot-box in September? A major factor in that decision will be how well today’s budget is received – and how well it achieves its stated aim of “responding, recovering and rebuilding” after …
Read More »The pandemic budget: moving NZ from critical care to long-term recovery
Norman Gemmell, Te Herenga Waka — Victoria University of Wellington May 14’s budget will surely be remembered as the “pandemic budget”. It might seem like the worst possible timing – economic uncertainty rages, Treasury has had to abandon its usual economic “forecasts”, and the pandemic’s viral economic spread is far from over. On the contrary, this may be very good …
Read More »NZ’s pandemic budget is all about saving and creating jobs. Now the hard work begins
Jonathan Boston, Te Herenga Waka — Victoria University of Wellington Budget 2020’s focus on “jobs, jobs and jobs” is understandable, commendable and vital. COVID-19 poses the largest threat to paid employment since the Great Depression almost 90 years ago. The number of people receiving Job Seeker Support (Work Ready) – the main benefit available for the unemployed – rose almost …
Read More »