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Budget 2016 Home Page Summary of Initiatives in Budget 2016

2  Budget 2016 Packages

The tables in this section provide breakdowns on the four key packages of spending announced as part of Budget 2016.

Table 1 - Innovative New Zealand package
  Pg Operating ($m) 4-year
total
Capital
($m)
2015/16 2016/17 2017/18 2018/19 2019/20

Science and Innovation

               
Accelerators Programme 28  - 0.750 0.750 0.750 0.750 3.000  -
Antarctica New Zealand - Logistics Support and Related Activity 29  - 3.035 4.179 4.635 4.896 16.745  -
Catalyst International Fund 30  - 2.500 2.500 5.000 5.000 15.000  -
Endeavour Fund 34  - 10.900 24.600 33.300 45.000 113.800  -
Global Research Alliance - Increased Research Funding 35  - 6.000 5.000 5.000 4.000 20.000  -
Health Research Council 36  - 10.000 18.000 26.000 43.000 97.000  -
Māori Innovation Fund 39  - 1.000 1.000 1.000 1.000 4.000  -
Marsden Fund 39  - 6.000 12.000 20.000 28.000 66.000  -
Pre-seed Accelerator Fund 45  - 3.000 3.000 3.000 3.000 12.000  -
Strategic Science Investment Fund 50  - 12.500 14.500 18.000 18.000 63.000  -

Regional Economic Development

               
Ōpōtiki Harbour Development 44  - 2.400  -  -  - 2.400  -
Regional Business Partners Programme 47  - 2.000 2.000 2.000 2.000 8.000  -
Regional Growth Programme 47  - 11.000 11.000 11.000 11.000 44.000  -
Regional Research Institutes - Contingency 47  -  - 10.000 10.000 20.000 40.000  

Tertiary Education

               
Annual Maximum Fee Movement for 2017 and 2018 28  - 1.516 2.971 3.262 3.380 11.129  
Engineering Education to Employment* 34  - 0.400 0.400 0.400 0.400 1.600  -
Fees-free Foundation Education* 34  - 2.080 4.160 4.160 4.160 14.560  -
International Connections for New Zealanders 37  - 6.500 12.000 12.500 12.500 43.500  -
New Zealand Apprenticeships - Additional Funding 41  - 0.900 2.700 4.500 6.300 14.400  -
Refugee English Fund* 46  - 0.325 0.650 0.650 0.650 2.275  
Targeted Tuition Subsidy Increases* 51  - 17.580 35.159 35.159 35.159 123.057  -
University Sector Innovation - Contingency 52  - 5.000 10.000 10.000 10.000 35.000  -
Workplace Literacy and Numeracy Fund - Increased Demand* 53  - 2.000 3.000 3.000 3.000 11.000  -
Total   - 107.386 179.569 213.316 261.195 761.466  -

Initiatives marked with an asterisk have been partially funded by reprioritisation or are partially offset by a levy.

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