BUDGET 2018: NZ capital spend shifted to health, education from transport

Thu, 17 May 2018

By Paul McBeth May 17 (BusinessDesk) - Finance Minister Grant Robertson’s $41.8 billion capital spending programme will divert transport funds into health and education – two areas the government has deemed to be woefully underfunded. Today’s budget affirms the level of capital expenditure over the next four years, trimming $300 million of funding from the New Zealand Transport Agency, while adding another $900 million for district health boards and $300 million for education. NZTA spending is still the biggest at $6.4 billion over the fo...

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