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Budget 2018 - Scoop Full Coverage

Published: Thu 17 May 2018 12:01 PM
Budget 2018 - Scoop Full Coverage

Parliament Live - LIVE Video Of Budget 2018 from 2pm
The 2018 New Zealand Budget will be delivered on Thursday 17 May.
Scoop will be updating this page with Budget announcements, reaction and analysis once the Budget is released at 2pm. Hit reload to see the latest version.
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RELATED LINKS:
For the full text (when released) of the budget see...
TREASURY BUDGET 2018 WEBSITE
See also the BEEHIVE BUDGET PAGE
For previous budgets see...
[Labour's December 2017 Budget update - link] - BUDGET 2017 - BUDGET 2016 - BUDGET 2015 - BUDGET 2014 - BUDGET 2013 - BUDGET 2012 - BUDGET 2011 - BUDGET 2010 - BUDGET 2009 - BUDGET 2008 - BUDGET 2007 - BUDGET 2007 - BUDGET 2006 - BUDGET 2005 - BUDGET 2004 - BUDGET 2003 - BUDGET 2002 - BUDGET 2001 & BUDGET 2000
BUDGET 2018 - SCOOP COMMENTARY / REPORTS
Gordon Campbell: On Budget 2018
To put it mildly, Budget 2018 has not been an outbreak of wild-eyed, tax and spend liberalism. “Unfortunately not,” says CTU economist Bill Rosenberg agrees laconically. “But what you're seeing and within the constraints [the government] have set themselves, ... More>>
Joseph Cederwall: On ‘Wellbeing Budgets', Corporate Handouts, Eudaimonia And Stoicism
The Government’s 2018 budget is the result of a balancing act between the demands of a sulking yet powerful corporate sector and a civil society shattered, bedraggled and desperate for change. The light on the horizon is the announcement of the Government’s wellbeing budget approach for the 2019 budget. More>>
Joseph Cederwall From The Budget Lockup: Foundations For The Distant Future?
Even the title of this budget 'Foundations for the future' sounds conservative. It may as well have been called 'don’t expect too much now'. A bit like Hamilton 'City of the Future' not so great now but wait a few years. What is clear is that it’s all about the long game here with an eye to 2020 and re-election. This first budget by Jacinda Ardern’s Government is more or less playing it safe. More>>
Radio NZ Analysis: Health Spending More Conservative Than Forecast
The government will extend free doctors visits' and prescriptions to under-14s and also make visits cheaper for people eligible for a Community Services Card. However, ahead of the election Labour promised to slash the cost of doctors' visits for everybody by $10 by July, but since conceded it wouldn't meet that goal. More>>
ALSO:Budget 2018: Is Robertson saving his firepower?Still more to be done for health despite funding boostPrison crisis: Govts stuck in system that doesn't workQuestions remain over new broadcasting spendingMulti-million boost for special educationBudget 2018: Minister hits back over Māori criticismsMidwives say extra budget money won't fix problemsHow healthy is the government's Budget boost?Govt only putting bandaids on the problem - teachersMore to be done on poverty - PMBig wins in housing will come from regulation, not budgets
BusinessDesk: Robust Economy Drives Higher Tax Take
Finance Minister Grant Robertson has found an extra $24 billion to spend over the next four years by taking in more tax, reprioritising existing expenses, and thanks to delaying the previous government's debt reduction target ... More>>
ALSO:Budget 2018 sets the scene for a trilogy of transformationMARKET CLOSE: NZ shares rise, led by A2 and SynlaitBUDGET 2018: Bracket creep, wage growth fuel tax takeNZ dollar holds above 69 US centsGovt sets aside $1 bln for R tax creditNZ capital spend shifted to health, education from transportNZ govt tilts debt profile to long-term maturitiesNew watchdogs for election spending promisesMycoplasma bovis response likely to need ‘significant’ spendConstruction sector bottleneck threatens growthProdCom to investigate impacts of disruptive technology
The Conversation: Gains For Health, Housing And Education
Finance minister Grant Robertson had to achieve two contradictory aims when he announced the budget today: correct “nine years of neglect”, especially in health and education, and also produce a surplus and pay off public debt.
He has more or less succeeded, partly thanks to a reasonably buoyant economy and greater than expected revenue, for which the opposition is still taking credit. Nonetheless, this is a government that is still pinching itself to check that it’s actually in office, not dreaming it, and that carries a huge load of expectations and promises. More>>
Michael Mintrom, Monash University: Government Adopts Investment Approach
New Zealand’s Labour-led coalition government used its first budget to drive step changes in social and environmental outcomes. The investment approach to public policy has become the new orthodoxy for governance.
The investment approach can be defined as using evidence to quantify a public problem and then fund interventions that are likely to improve outcomes and therefore reduce future costs to government. More>>
BUDGET 2018 - THE REACTION - FULL COVERAGE
Weekend Interviews:
The Nation: Finance Minister Grant Robertson
"Well, I’m certainly thanking the businesses and workers of New Zealand who’ve contributed to building up the economy over recent years, and, look, yes, New Zealand’s economic growth relative to the rest of the world has been solid. The issue that I think we all fought the last election campaign on was the distribution of the benefits of that growth — have we actually kept up with funding our public services...?" More>>
ALSO:Council of Trade Unions Economist Bill Rosenberg
Q+A: Grant Robertson Interviewed By Corin Dann
Finance Minister Grant Robertson is considering a fund to front foot an increasing number of bio security issues like the bacterial infection to cattle, mycoplasma bovis. More>>
ALSO:TVNZ - Q+A: Amy Adams interviewed by Corin Dann
BUDGET 2018 - POST BUDGET DAY DEVELOPMENTS


21/5: PM On Mycoplasma Bovis, Prisons - Working On It
At her first post-budget post-cabinet press conference Prime Minister Jacinda Ardern gave an update on the response to the spread of Mycoplasma bovis in New Zealand cattle. More>>
ALSO:NZ Govt - Farmers and Govt progress towards Mycoplasma bovis decisionRNZ - PM not ready to admit defeat in cow disease battleBusinessDesk - Next step in M.bovis response likely to come soon


21/5: Teacher Shortages Worst Since Surveys Began
PPTA: “There is a wave of teachers about to retire and I’m embarrassed to say that we have reached the point where we are begging them to stay on… Young graduates no longer want to enter the profession, the pay is far too low compared to what they earn in other careers and, of the new teachers who do enter the profession, nearly half burn out and leave within five years.” More>>
ALSO:RNZ - Govt only putting bandaids on the problem - teachersNZ Govt - Hundreds of new classrooms and 1,500 new teachersNational - Govt breaks early childhood education promises - Education Budget full of broken promisesPPTA - Budget puts big challenges in secondary education asideNZ Principals' Federation - Budget only a Start for EducationNZSTA - Budget builds strong foundations for the future of education


18/5: 600 New Prison Beds Not Enough - Corrections Officers
Finance Minister Grant Robertson announced 600 new prison beds to be built in modular units by the end of next year, but would not say whether the extension of Waikeria Prison would go ahead. More>>
ALSO:Lyndon Hood - PM's Post-Cab 21/5/18: Working On ItThe Nation - Finance Minister Grant RobertsonRNZ - Prison crisis: Govts stuck in system that doesn't workJoseph Cederwall - On ‘Wellbeing budgets', Corporate Handouts, Eudaimonia and StoicismNZ Govt - New focus on re-integration to reduce re-offendingNational - Reckless Govt willing to gamble public safetyPeople Against Prisons Aotearoa - Budget pours more money into failed criminal justice system - Praise for JustSpeak’s new report ‘The Case Against Prisons’
From Parliament:
Government/LabourNew funding to support Māori WardensGood news on the drug front for WhānauFunds to tackle waste problemsInvesting in our rangatahiWeighty funding gain for NZ metrology service
NationalGovt cuts funding and opportunities for Kiwi kidsMental health sector short changedReckless Govt willing to gamble public safetyGovt breaks early childhood education promisesArrogant bluster no substitute for economic planEducation Budget full of broken promisesLabour puts less into Health than NationalPittance for MPI, biosecurity halved KiwiBuild forecasts slashed – fewer to be builtGovt delivering fewer social houses than NationalBudget 2018: No plan beyond tax, borrow & spend
GreensJames Shaw budget speechMarama Davidson 2018 Budget speechGreenest budget in living memory delivers for environment
NZ FirstBudget Delivers New Zealand First Promises
ACTNo transformation in pillaging the taxpayerACT’s Free Press May 21
Non-Parliamentary Political Reaction:Maori Party - Where’s Whānau Ora in Labour’s Families Package?Auckland Council - Phil Goff welcomes Budget spending for AucklandWellington City Council - Mayor says Budget 2018 will complement Wellington's workChristchurch City Council - Budget good news for ChristchurchChristchurch NZ - Christchurch welcomes Budget 2018 announcement - What the 2018 Budget means for Christchurch - ChristchurchNZ 2018 Budget commentaryKaikoura District Council - Council welcomes government funding for recoveryNZ Taxpayers' Union - Arts is a ‘nice-to-have’, NOT essential Budget spending - Just wait for the advisory group, Minister - Taxpayer-funded agencies join Budget Day propaganda - Treasury predict average working paying top tax rate by 2022 - New Green-tint corporate welfare scheme mistaken - Why just bloodstock? - A billion dollars a year for 900 fewer tertiary students - Budget win for the Taxpayers’ Union - Labour delivers predictable budget in sweet economic times - Megan Woods breaks word – gives into Callaghan self-interestThe NZ Initiative - New Zealand Initiative welcomes new fiscal watchdogPeter Dunne - Dunne Speaks: Will the Stand-Pat Budget Be Enough?Local Govt NZ - Budget’s support for communities welcomed by LGNZ
SOEs, etcStatistics NZ - Extra Stats NZ funding will improve child poverty dataRadio NZ - RNZ Welcomes Investment in Public MediaEECA - EECA welcomes Government investment in warmer Kiwi homesNZ On Air - NZ On Air encouraged by boost to public media in Budget 2018 Health Sector Reaction:Association of Salaried Medical Specialists - Relief for public health in sight but a lot more neededThe Royal NZ College of GPs - Good news for patients ahead of World Family Doctor DayNZ Private Surgical Hospitals Association - Private hospitals offer to cut surgical waiting listsAlzheimers NZ - Significant healthcare challenge ignored in BudgetAlliance Health Plus - Health Budget Only 40% of Coalition CommitmentsNZ Breast Cancer Foundation - “Heartening news for breast cancer patients"PHARMAC - Uplift in PHARMAC’s funding welcomedMedicines NZ - Rationing medicines by stealth with budget announcementPharmacy Guild - Pharmacy Guild on BudgetGeorge Ngatai - Ngatai pleased with Health Budget increaseNZNO - No windfall but boost and direction welcomeNZ Union of Students' Associations - Budget 2018: Let’s Work TogetherACEM - ACEM statement on 2018 New Zealand BudgetNZ College Of Midwives - Midwives: Budget Announcement Disappointing
Education Sector Reaction:NZEI - Education Budget a major disappointment for educatorsEarly Childhood Council - Budget funding for early childhood education underwhelmingNZ Kindergartens - Well-being of children and families a welcome focusEarly Childhood NZ - Early Childhood NZ says Budget 2018 a small stepPPTA - Budget puts big challenges in secondary education asideIHC - Learning support funding 'just tinkers around the edges'Universities NZ - Te Pokai Tara - Budget a missed opportunity, say universitiesNZ Principals' Federation - Budget only a Start for EducationTertiary Education Union - Budget forgets that tertiary education is the foundationNZSTA - Budget builds strong foundations for the future of education
Science and Tech Sector Reaction:Science Media Centre NZ - SMC: Budget 2018 expert round-up - Budget 2018: Science and research - Expert Reaction Update - Budget 2018: Science and research - Expert Reaction Update - Budget 2018: Science and research - Expert ReactionScience NZ - Greater science investment to grow NZ wealth and wellbeing
Union Reaction:Public Service Association - 600 new prison beds not enough, Corrections officers sayE Tu - Budget invests in key prioritiesPublic Service Association - PSA statement on remarks by Housing Minister Phil Twyford - 600 new prison beds not enough, Corrections officers say - PSA: Budget shows promise but more courage neededCTU - CTU: Independent Budget Analysis - Economic diversification for just transition underway - First Government Budget hits all the right notesPolice Association - Budget cements critically needed extra policeFIRST Union - Funding could protect thousands of migrant workers
Welfare/Poverty Sector ReactionPeople Against Prisons Aotearoa - Praise for JustSpeak’s new report ‘The Case Against Prisons’Te Matapihi - Budget 2018 and Māori HousingCommunity Housing Aotearoa - Budget delivers big first step in addressing housing crisisChild Poverty Action Group - A first step, but not a transformation for childrenTe Pou Matakana - Budget of broken promises for Whānau OraSave The Children - Budget’s Positive Impact on Children WelcomedSocial Services Providers Aotearoa - Essential child and family services miss out on reliefAuckland Action Against Poverty - Protest outside of Jacinda Ardern’s Office - The Government’s Budget fails people on benefitsSalvation Army - Budget Not the Big Hit NeededGrandparents Raising Grandchildren - Clothing allowance for children welcomed with open armsVariety - The Children's Charity - Variety response to BudgetKidsCan - KidsCan government funding to continue for 12 monthsBarnardos - Barnardos welcomes Budget 2018 and its positive impactNZCCSS - Support for Many, But Social Services Will still StruggleCaritas - Caritas welcomes Budget directionAra Taiohi - Budget ’18: a mixed bag for the young people of AotearoaANZASW - More could have been done to tackle urgent social challengesAccessible Properties - Accessible Properties Welcomes Budget Recognition
Finance, Tax & Analysis:Deloitte - Deloitte - Budget 2018: The gift that keeps on giving - our economy - Budget 2018: New spending for health - Recalibrating the Budget for wellbeingStaples Rodway - R tax credits good news in a construction economyMYOB - R businesses big winners from Budget 2018BERL - Fiscal responsibility but can we wait for wellbeingWilliam Buck - R Incentive is ‘light on detail.’
Business ReactionExportNZ - Budget impact on Exporters and ManufacturersEMA - Budget 2018: Long on welfare, short on productivityBusinessNZ - Budget 2018 and businessIndustry Training Federation of NZ - Budget 2018 has no action on skillsMaster Plumbers - Budget fails to fill plumbing pipelineThe Manufacturers' Network - Budget 2018: Not bad, but not much for manufacturersTourism Industry Association - Budget 2018 not positive for tourismInfrastructure NZ - Budget in line with infrastructure expectationsWellington Chamber Of Commerce - Budget 2018 - ‘as expected’ says businessEmploysure - ‘Underwhelming’ budget for businessColliers - Housing plan commendable, but more innovation neededBayleys - Roading network announcement spurs big residential land saleNZCBIA - Budgeting for KiwiBuild
EnvironmentGreenpeace NZ - Why is Govt subsidising agricultural pollution?Environmental Defence Society - EDS congratulates Government on DOC funding increasesEnvironment and Conservation Organisations of NZ - Budget 2018 – has some very welcome elements
Other ReactionAccessible Properties - Accessible Properties Welcomes Budget Recognition Better Public Media - Labour’s public media policies must not repeat mistakesPeople Against Prisons Aotearoa - Budget pours more money into failed criminal justice systemCommunity Law Centres - Community Law Celebrates Government Top-upPeace Movement Aotearoa - Budget 2018: Military spending increases again2020 Trust - Lack of Budget funding is a setback for Digital InclusionSocialist Equality Group - Labour government’s first budget starves essential services
Lockup speech audio and questions:
Click a link to play audio (or right-click to download) in either
MP3 format.
The Budget Speech
SummariesBetter lives for children a focus of Budget 2018Foundations for the futureStrong Government finances and a strong economy
Fact Sheets
Infrastructure & EconomyGrowing a sustainable and productive primary sectorResource Management Act oversight unit to be establishedProvincial New Zealand wins big
TaxCracking down on tax dodgers and restoring fairness
Sci/TechResearch and development keyScience boost for key farm management tool
EmploymentProtecting our workers from exploitationYouth employment training places double
MaoriBringing back manaakitangaFocus on supporting Māori students and strengthening te reoMāori Development focuses on housing, training and whenuaInvesting in our rangatahi$7 million for Whenua Māori Programme
EducationHundreds of new classrooms and 1,500 new teachersThousands benefiting from fees-free post-school educationEarly learning services get first funding rate increaseLong overdue boost for learning support
WelfareInvesting in our childrenGovernment ramps up drive to reduce child poverty
HealthFixing our hospitals$2 billion boost for District Health Boards
HousingHealthier homes for more Kiwi families
Law, Order, Defence & SecurityFocusing on community safety and targeting organised crimeNew focus on re-integration to reduce re-offendingBetter support for youth justice and victims of crimeStrengthening our hand against migrant exploitationStepping up to help survivors of sexual abuseBudget improves cyber threat responseProtecting communities by targeting drug smugglersEnhancing Defence Force capability
Art, Culture And SportSupporting quality public media in New ZealandRecognising the importance of our arts, culture and heritageBloodstock tax rules to changeSupport for safe and healthy local communities
Trade and Foreign AffairsStronger biosecurity to protect primary sector
Earthquake Rebuild(s)Taking action to sort out insurance and EQC MessDelivering for Canterbury
EnvironmentBudget backs natureBacking nature – funding a future for native species
Other StuffNew services to support refugees
BUDGET 2018 PREVIEWS & REACTION
Government Pre-Budget Announcements:Budget boost for young children with extra learning needsBacking Nature – funding a future for native speciesBudget 2018 to invest $42 billion in capital spendingSignificant funding boost for family violence servicesBudget strengthens trade effortNew Zealand to boost development spendingFirst Steps – restoring New Zealand’s Foreign ServiceGovt surplus above forecast as books remain strong$100 million to tackle homelessnessBudget 2018 to set out plan to future-proof NZ economyRemarks to the Otago Chamber of CommerceGovt heeding call for unrelenting focus on child wellbeingGovt accounts show surplus above forecastChild Poverty reduction target unchanged following revisions
BusinessDesk Pre-Budget Coverage:NZ dollar climbs from 5-month low ahead of budgetCA ANZ survey finds most oppose fuel taxRobertson affirms Budget 2018 includes $42B over 5 yearsTreasury still feeling way on govt's wellbeing' frameworkNZ operating surplus swelled by tax revenuePM Ardern appeals to business on transformative policyRobertson seeks further cuts to existing spendingStrong govt books offer scope to meet infrastructure deficitArdern warns some new policies 'reprioritised'NZ govt operating surplus still tracking aheadRobertson unmoved by call to scrap 'budget responsibility'Needs mean 'budget responsibility rules' too tight: CTU
Radio NZ Budget Previews:What to expect from the 2018 Budget - our experts weigh inTertiary providers and unions hope for further funding boostBudget 2018: Can new govt keep promises on housing?ECE funding boost doesn't go far enough, govt toldBudget 2018: Can new govt deliver on education?Budget 2018: Can the govt deliver on its health promises?Pacific aid boost must be spent well to be effectivePacific aid boost 'shows the lie' in govt's social deficit claimsGovt finances $900m better than forecastArdern speech aims to soothe businessesBudget the real test of new governmentGovt has freed up $700m in Budget - MinisterNational rubbishes claims it neglected govt booksGovt expects '75% compliance' on foreign GST it can't police
From Budget Week:Multimedia report - PM's Press Conference 14/5/18: Acting UpThe Conversation - NZ budget 2018: election promises and real-life testsAaron Martin - The Government’s rock and hard placeNational - High expectations for education budget - Triple whammy broken promise on extra police - KiwiBuild houses $50,000 more than Govt claimed - Govt blame-game getting tired - When will they start listening? - Income gap with Australia about to widen - More focus needed on reforming learning support - Environment struggles with Winston’s diplomat win - Is that it Mr Robertson? - KiwiBuild looking like yet another broken promiseACT - How would a Bridges-led Govt be different? - Free Press: The ‘Boondoggle Budget’PSA - Children’s Village closures send a sad signal - "Think beyond Band-Aids", PSA urges GovernmentHapai Te Hauora - Māori Public Health Budget 2018 Wishlist - NZ agrees - increase tax revenue for better public servicesREINZ - REINZ calls for housing shortage to be tackled in budgetBeneficiary Advisory Service - BAS’ Vision for Beneficiaries (part 4): IndividualsAssociation of Salaried Medical Specialists - Fingers crossed for the budget - Call to abolish capital charges on DHBsChartered Accountants Australia and NZ - Fuel tax gets massive thumbs down in surveyCTU - Government facing over $2.5 billion health funding gapStaples Rodway - Business leaders pessimistic about the BudgetChild Poverty Action Group - A first step, but not a transformation for children - Budget 2018: Best opportunity to benefit all childrenWellington City Council - Wellington Mayor backs Govt spending for predator controlForest And Bird - Big budget boost for nature - Ten-fold increase in predator control greatNZEI - Education Budget 2018: Fixing the damage of the pastInfrastructure NZ - Delivery key to record $42 billion capital programmeHutchwilco NZ Boat Show - Boat Show Unlikely to Be Affected by Distractions
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