Government term
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The Budget provides $373.9 million for school infrastructure, Education Minister Hekia Parata and Associate Education Minister Nikki Kaye say.
This includes $130.1 million operating funding over four years and the $243.8 million capital expenditure the Prime Minister announced last month for new schools, kura and classrooms.
“This spending is about securing and ensuring the safety of property and improving school infrastructure and services,” Ms Parata says.
- Hekia Parata
- Nikki Kaye
- Education
- Budget 2015
Budget 2015 will signal ACC is on track to provide further levy cuts of around $375 million in 2016/17 and $120 million in 2017/18, says ACC Minister Nikki Kaye.
“These indicative levy cuts represent a total saving for New Zealanders of around $500 million, and will be spread across the motor vehicle, work and earners accounts,” says Ms Kaye.
“The cuts are based on current financial projections and a funding direction which sees each of these accounts heading towards a solvency band of between 100 and 110 per cent.
- Paul Goldsmith
- Nikki Kaye
- Budget 2015
- ACC
Education Minister Hekia Parata and Associate Education Minister Nikki Kaye say next month’s Budget will provide $244 million of funding for new schools, additional classrooms and expansions to existing schools.
The money will come from the remaining proceeds of the government’s share offer programme – channelled through the Future Investment Fund.
- Nikki Kaye
- Hekia Parata
- Education
- Budget 2015