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Budget 2012

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7 June, 2012

Supporting safe environments for children

New funding announced in the 2012 Budget, to provide $3 million each year to help create safe and nurturing environments for children, was launched today by Associate Social Development Minister Tariana Turia in Hastings.

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7 June, 2012

Teacher funding ratios to remain the same

Education Minister Hekia Parata has today moved to put parents’ and teachers’ minds at rest following decisions made in Budget 2012.

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1 June, 2012

$8m community support to prevent suicide

New investment of $8 million over four years will support communities to help prevent suicide, Associate Health Minister Peter Dunne and Associate health Minister Tariana Turia say.

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29 May, 2012

Minister provides assurances to schools

Education Minister Hekia Parata says no school will lose more than two full-time teachers (FTTEs) as a result of the policy changes in Budget 2012.

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28 May, 2012

Budget 2012 app popular new initiative

The Government’s new smartphone and tablet app for Budget 2012 was downloaded more than 8,600 times and was New Zealand’s most popular free-download app on Budget day, Finance Minister Bill English says.

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25 May, 2012

COMPETITIVE ECONOMY, SURPLUS AT HEART OF BUDGET

This year's Budget is about supporting New Zealanders in uncertain times and investing in our future. It keeps the Government's books on track to surplus in 2014/15, invests in better public services, and builds a strong platform for future growth.

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24 May, 2012

Budget 2012: Investing in New Zealand’s future

Budget 2012 invests in New Zealand’s future with significantly more money for science and innovation, and health and education, while keeping the Government on track for surplus in 2014/15, Prime Minister John Key says.

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24 May, 2012

Competitive economy, surplus at heart of Budget

Budget 2012 invests in building an innovative and productive economy that sells more to the world, supports more jobs, and delivers better public services while getting back to fiscal surplus, Finance Minister Bill English says.

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24 May, 2012

Budget 2012 – Investing In Our Future

Builds a platform for growth, while returning to surplus in 2014/15

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24 May, 2012

Remaining on track to Budget surplus in 2014/15

Budget 2012 sets out a programme of balanced measures to ensure the Government remains on track to return to surplus in 2014/15, Finance Minister Bill English says.

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24 May, 2012

Budget frees up $4.4 billion for higher priorities

Budget 2012 has freed up $4.4 billion to invest in improving frontline public services and getting better results, while running a zero Budget, Finance Minister Bill English says.

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24 May, 2012

Budget focuses on better public service results

Budget 2012 includes further steps towards an innovative, efficient public sector delivering better results for New Zealanders within tight financial constraints, Finance Minister Bill English says.

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24 May, 2012

Future Investment Fund for modern infrastructure

Schools, health, science and innovation, and transport all benefit in Budget 2012 from the Future Investment Fund set up to invest proceeds from the sale of minority shareholdings in four SOEs and Air New Zealand, Finance Minister Bill English says.

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24 May, 2012

Changes build on success of KiwiSaver

Budget 2012 makes changes that will further improve KiwiSaver and lift investor confidence, Finance Minister Bill English and Commerce Minister Craig Foss say.

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24 May, 2012

Government transport investment continues

KiwiRail will receive $250 million of capital in 2012/13 for its Turnaround Plan to help the rail freight business become sustainable, Transport Minister Gerry Brownlee says.

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24 May, 2012

Recovery Fund helping Canterbury communities

Investment from the $5.5 billion Canterbury Earthquake Recovery Fund is on track, with thousands of people benefiting, Canterbury Earthquake Recovery Minister Gerry Brownlee says.

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24 May, 2012

$326m boost for science, innovation, and research

Budget 2012 delivers on the Government’s commitment to building a more competitive and productive economy, with $250 million of new operating funding and $76.1 million in capital funding over four years for science, innovation, and research.

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24 May, 2012

Tertiary savings fund new investment

Budget 2012 rebalances the Government’s $4.3 billion investment in tertiary education between expenditure on student support and investment in tuition and research, says Tertiary Education, Skills and Employment Minister Steven Joyce.

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24 May, 2012

$159m to strengthen higher-level tertiary education

Budget 2012 commits $158.9 million over four years to invest in engineering, science, and research-led learning in our tertiary institutions, Tertiary Education, Skills and Employment Minister Steven Joyce says.

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24 May, 2012

3,000 more Youth Guarantee places funded

Budget 2012 continues the Government’s support for foundation training for young people, with 3,000 more places funded over the next four years under the Youth Guarantee Scheme.

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24 May, 2012

$29.5m to stimulate competitive innovation in tertiary sector

Budget 2012 commits $29.5 million operating spending over four years for Private Training Establishments (PTEs), to create a fairer funding system that rewards competitive innovation across the tertiary sector.

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24 May, 2012

Two MED funds cancelled

Two Ministry of Economic Development funds with ambiguous aims are being cancelled, with savings returned to the Government, Economic Development Minister Steven Joyce says.

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24 May, 2012

Justice sector funding pool for better results

A new cross-agency funding pool will give the justice sector flexibility to invest in areas that deliver better results to New Zealanders, Justice Minister Judith Collins says.

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24 May, 2012

ACC performance improvement continues

Better performance in the ACC Non-Earners’ Account will free up $52.8 million of taxpayer funding in 2012/13, which will be returned to the Government, ACC Minister Judith Collins says.

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24 May, 2012

Health receives largest increase in spending

Health receives the largest increase in government spending in the Budget, with $435 million available to help fund cost pressures and new initiatives in 2012/13, Health Minister Tony Ryall says.

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24 May, 2012

$68m for more operations, scans and tests

Budget 2012 is delivering a further $68 million of operating funding over the next four years to maintain the record levels of elective surgery achieved under the National-led Government, and to further reduce waiting times for patients.

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24 May, 2012

$33m more for improved cancer services

Budget 2012 is delivering an additional $33 million in operating funding over the next four years for better and faster services for cancer patients, Health Minister Tony Ryall says.

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24 May, 2012

$511.9m more to deliver better results for students

Budget 2012 focuses on raising student achievement by investing $511.9 million of operating funding for new initiatives in education over the next four years, Education Minister Hekia Parata says.

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24 May, 2012

$110.9m to increase early childhood participation

Extra Budget operating funding of $110.9 million for early childhood education (ECE) over the next four years continues the Government’s drive to increase the number of vulnerable children participating in ECE, Education Minister Hekia Parata says.

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24 May, 2012

First investment to develop 21st Century Schools

The Government is investing the first $33.8 million of proceeds from the Future Investment Fund into upgrading school IT networks, Education Minister Hekia Parata and Associate Education Minister Craig Foss say.

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