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Budget 2016 invests $258 million to ensure people most in need of social housing have access to this essential service, Social Housing Minister Paula Bennett says.

“The additional investment in social housing will provide at least 750 more places for individuals and families on the social housing register with the most pressing housing needs,” Mrs Bennett says.

The Government is phasing out a subsidy in the Emissions Trading Scheme that allows some businesses to pay one emissions unit for every two tonnes of pollution they emit, Climate Change Minister Paula Bennett says.

The one-for-two subsidy was a temporary measure introduced during the global financial crisis to help moderate the initial costs of the ETS while businesses were struggling.

“The subsidy will be phased out over three years to give businesses time to plan and adjust, to support a more stable market,” Mrs Bennett says.

For the first time, the Government will pay for about 3000 emergency housing places across the country per year so people have access to a roof over their head when they need it most.

The Government will provide $41.1 million over the next four years in Budget 2016 for emergency housing and grants.

“Emergency housing provides an essential safety net for people in crisis, and is an opportunity to intervene and support families with complex needs,” Social Housing Minister Paula Bennett says.