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Budget 2019 allocates $10.4 billion of the four-year capital allowance. This includes record investment in a 10-year school property modernisation programme, an investment plan to fix our hospitals and mental health facilities, and investments in KiwiRail and the Provincial Growth Fund.

Figures out today show wages continue to rise faster than the cost of living, Acting Finance Minister David Clark says.

Land Information Minister Eugenie Sage and Associate Finance Minister David Clark have granted an application under the Overseas Investment Act 2005 for Cresswell NZ Ltd to purchase land to expand the existing Otakiri Springs water bottling plant near Whakatane.