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Statistics from the 2021 Aotearoa Budget

Te Whanganui a Tara – The Aotearoa New Zealand government delivered its annual Budget yesterday.

It struck a balance between fiscal consolidation and addressing some significant issues. Many people and organisations supported it. Others were disappointed in the outcomes.

Some key bullet points were:

  • Main benefit increases, $1.5billion for the vaccine rollout, $4.7billion for health, $3.8billion for the housing acceleration fund, and an extra $3.9billlion in the multi-year capital envelope.


  • The Treasury has upgraded its economic outlook, which has created a little extra wiggle room on the spending front while also contributing to a lower projected debt level than previously.


  • $20 more a week for all benefits from July 1. By April next year, all benefits will be lifted by between $32 and $55


  • A $67 million investment to ensure the public sector is carbon neutral.


  • A total of $37million goes into integrated farm planning systems and $24million into greenhouse gas mitigation research and development.


  • A total of 221,000 New Zealanders is projected to gain employment over the next four years. Unemployment is forecast to fall to 4.2 percent.


  • The covid recovery is expected to show GDP growth of 4.4 percent in 2023, putting NZ back at pre-covid levels.


  • More than 100,000 families will be $175 per week better off, and child poverty will reduce.


  • The government continues with the winter energy payment.


  • More than 200,000 children are still living in poverty or 20 percent of children live in households where food runs out sometimes or often.


  • This rises to 30 percent in Māori households and 46 percent in Pacific homes.


  • Government is building 18,300 houses fully funded out to 2024, and 7600 already delivered.


  • More building consents have been issued than at any time in New Zealand’s history.


  • One third of the 107,000 New Zealanders in free trades training are in the construction sector.

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