Rt Hon Helen Clark
Prime Minister of New Zealand
Investing in a strong future for New Zealand
Budget 2008 invests in the Government’s plan for a strong, sustainable future for New Zealand, Prime Minister Helen
Clark said today.
“The Budget brings tax relief for individuals and families who are doing their best to manage the cost of living
pressures at the petrol pump, the supermarket checkout, and in the rent or mortgage”, Helen Clark said.
“The Government’s previous eight budgets have been marked by careful stewardship of the economy. Now when faced by
global economic uncertainty, the strength of the New Zealand economy enables us to prioritise the needs of Kiwi families
young and old, and continue to invest in our common future.
“The Budget enhances public investment in education, health care, social agencies, and other important services.
“It features major investment to support the roll out of a world-class broadband network, and the largest ever public
investment in science and research to boost innovation and sustainability in the food and pastoral sectors. There is
significant investment in upskilling our workforce.
“Investments in sustainable homes and communities, and in planning for our response to climate change, build on work
already underway.
“New investments are made in the promotion of our arts, culture, and heritage – so critical to New Zealand’s unique
national identity. Our international presence through foreign affairs outreach is greatly enhanced.
“Budget 2008 is a budget which addresses both the pressures of today, and the needs of future years”, Helen Clark said.
ENDS