Budget 2019: New schools spearhead $41.1 billion capital programme

Budget 2019: New schools spearhead $41.1 billion capital programme
Paul McBeth
By Paul McBeth May 30 (BusinessDesk) - The government has put education front and centre of a $41.1 billion capital spending programme over the next five years, with plans to build and upgrade schools to accommodate the nation’s growing population. The 2019 Budget has allocated $5 billion of capital spending for education over the five-year horizon eclipsing heavy spends in the usual suspects of defence and transport. That replaces the government’s Kiwibuild housing programme, which has failed to fire and was last year’s cornerstone of...

More Economy

Tourism industry struggles to keep up
Economy

Tourism industry struggles to keep up

Where to for NZ tourism in the long-term after NZ is done with its Briscoes-style sale?

Dileepa Fonseka 20 Feb 2025
RBNZ plans more cuts sooner rather than later
Economy

RBNZ plans more cuts sooner rather than later

The forecasts show the low at 3.1% by December this year. 

Rebecca Howard 19 Feb 2025
RBNZ eases by 50bps and brings forward planned rate cuts
Economy

RBNZ eases by 50bps and brings forward planned rate cuts

It now expects the cash rate to reach 3.1% in December. 

Rebecca Howard 19 Feb 2025
Banking inquiry must address regulatory governance
Economy

Banking inquiry must address regulatory governance

Regulatory governance to blame for uncompetitive bank sector, experts say.

John Anthony 18 Feb 2025