Summary of NZ WELLBEING BUDGET

https://www.newshub.co.nz/home/politics/2019/05/live-updates-budget-2019...

Budget 2019 was released this afternoon after a dramatic week of leaks, accusations of hacking and calls for resignations.

Mental health and child poverty have taken the lion's share of funding in the Wellbeing Budget as predicted - but there are some surprises.

• Budget 2019: How the Government's divided up its funding
• Tova O’Brien: Budget 2019 is somewhere between the Well-meaning Budget and the Blunder Budget
• Ryan Bridge: My top five Budget bits

Here are the main takeaways from Budget 2019:

• $1.9 billion will go to improving mental health services, including $455 million for frontline services
• $1.1 billion will be invested in child poverty reduction
• $320 million will be set aside over four years to index benefits to average wage increases, rather than benefits rising with inflation
• $256 million will go towards paying decile 1-7 state and state-integrated schools that don't ask for parental donations $150 per student
• More than $1 billion will go to support KiwiRail's redevelopment, including $35 million to investigate purchasing new Cook Strait ferries
• $50 million will go to boosting NZ's spy agencies
• $80 million will go to Whanau Ora over four years as part of the Government's priority on lifting Māori opportunities
• The Rainbow Community gets a big boost, with support funding increasing from $60,000 to over $1 million

Summary of Initiatives in Budget 2019

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Readers of the Budget have different information needs when looking at the new spending presented in the documents. To assist readers, this document presents the new initiatives contained in the Budget by ministerial portfolio and by Budget priority.

Each section does not build on the last, but repeats and recuts the same information. The total amount of funding in each section totals to the Budget 2019 package.

This document complements the Wellbeing Budget document, with greater detail on each new spending initiative in the Budget for your reference.

The 2019 Summary of Initiatives includes:

• Section 1 provides an overview of the Budget allowances and spending for Budget 2019.
• Section 2 lists the new initiatives in Budget 2019 by ministerial portfolio.
• Section 3 provides detail on each initiative, under each of the Budget 2019 priorities. This also includes a breakdown of the reprioritisation initiatives.
• Section 4 provides the key terms that are referred to in the Summary of Initiatives.

Disclaimer

The Appropriation (2019/20 Estimates) B