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Labour's new investments


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

Year 

 2017/18

2018/19

2019/20

2020/21

2021/22

Families Package 

 

1,155

1,156

1,204

1,255

Double refugee quota

 

25

50

50

52

Other changes 

 

56

56

56

58

Social security and welfare

 

1,236

1,262

1,310

1,365

Paying back National's underfunding 

 21

293

293

293

293

Delivering a Modern Health System 

 

554

1,243

2,069

2,864

Health

 21

846

1,535

2,361

3,157

Additional student financial support

 139

273

274

275

275

Reforms to tertiary education

 170

344

353

544

743

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

School Leavers ToolKit

 

25

50

50

50

Other education changes 

 

106

144

129

134

Education

 309

887

1,275

1,585

2,158

Extra police

 

40

41

42

43

Law and order

 

40

41

42

43

Extra IRD investigation staff

 15

30

31

32

33

Core Government services 

 15

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

0

Tourism and Conservation Infrastructure Fund

 

75

75

75

75

Insulation Grants 

 

30

60

90

120

Housing and community development*

 100

105

135

165

195

 Smaller expenditure commitments

 50

 150

 150

 150

 150

Additional spending commitments

 495

3,524

4,790

6,058

7,488

 

 

 

 

 

 

Additional contribution to NZS Fund

500

1,000

1,500

16

330

KiwiBuild

2,000

0

0

0

0

Additional capital spending commitments

2,500

1,000

1,500

16

330

 

 

 

 

 

 

Additional finance costs

34

142

176

281

465

 

 

 

 

 

 

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

 100

200

200

200

202

Other revenue changes 

 

75

75

75

75

Additional revenue

586

2,201

2,230

2,341

2,373

 

 

 

 

 

 

Labour spending allowance for

unannounced policies (see on Fiscal Forecasts)

 913

835

879

1,472

3,429

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