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Labour's new investments


Major Labour Party policy plans ($m) - additional to BEFU 2017

Year 

 2017/18

2018/19

2019/20

2020/21

2021/22

Families Package 

 

1,211

1,212

1,260

1,313

Double refugee quota

 

25

50

50

52

Other changes 

 

56

56

56

58

Social security and welfare

 

1,291

1,317

1,365

1,423

Paying back National's underfunding 

 

293

293

293

293

Delivering a Modern Health System 

 

554

1,243

2,069

2,864

Health

 

846

1,535

2,361

3,157

3 years free post-schools education

 

130

265

271

276

Increased funds for 100% qualified ECE centres

 

33

74

86

86

Careers advisory services

 

10

20

26

27

Delivering a Modern Education System 

 

95

360

475

843

Other education changes 

 

149

200

257

259

Education

 

417

920

1,114

1,491

Extra police

 

40

41

42

43

Law and order

 

40

41

42

43

Extra IRD investigation staff

 

30

31

32

33

Core Government services 

 

30

31

32

33

R & D tax credits

 

100

200

250

300

Regional Development 

 

50

75

75

0

Ready for Work 

 

60

60

60

60

Other changes 

 

20

25

28

28

Economic and industrial services

 

230

360

413

388

Affordable Housing Authority set up

 

100

0

0

0

Insulation Grants 

 

30

60

90

120

Housing and community development*

 

130

60

90

120

 

 

 

 

 

 

Additional spending commitments

 

2,985

4,264

5,418

6,654

 

 

 

 

 

 

Additional contribution to NZS Fund

500

1,000

1,500

48

376

KiwiBuild

2,000

0

0

0

0

Additional capital spending commitments

2,500

1,000

1,500

48

376

 

 

 

 

 

 

Additional finance costs

74

101

174

228

299

 

 

 

 

 

 

Reverse National's Tax Cuts 

486

1,896

1,895

1,976

1,976

Bright line and negative gearing changes 

 

30

60

90

120

Multinational taxation

 

200

200

200

200

Other revenue changes 

 

105

105

105

105

Additional revenue

486

2,231

2,260

2,371

2,401

 

 

 

 

 

 

Labour spending allowance for

unannounced policies (see on Fiscal Forecasts)

 

878

1,776

3,161

4,086

* Not including expenditure delivered by Housing New Zealand Corporation for the delivery of new social housing.