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

OceanaGold says new Waihi mine will yield 34 million grams of gold
Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold

Wharekirauponga Underground is one of the Government's fast-track projects.

Greg Hurrell 12 Dec 2024
Card spending eases in November vs October
Retail

Card spending eases in November vs October

But there is cheer for the hospitality industry. 

NZers fear RBNZ's digital currency plan's privacy risks
Economy

NZers fear RBNZ's digital currency plan's privacy risks

The biggest concern about digital cash is the potential for Government control.

Rebecca Howard 10 Dec 2024
RBA set to keep rates steady while growth concerns linger
Finance

RBA set to keep rates steady while growth concerns linger

The central bank’s policy meeting is slated for Tuesday