New Zealand construction output is expected to grow by 5.5% in 2021 driven by shovel-ready project investments and focus on infrastructure, says GlobalData.
The climate crisis deserves more than small change in New Zealand s budget | Robert McLachlan and Paul Callister theguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theguardian.com Daily Mail and Mail on Sunday newspapers.
Thursday, 20 May 2021, 2:04 pm
The Green Party supports the 2021 Budget which increases
income support for New Zealanders living in poverty, and
we’ll continue to push for a long term commitment to lift
all New Zealanders out of poverty.
The Budget also
invests over $2.1 billion in climate related initiatives,
including $300 million to quadruple the size of the Green
Investment fund to kick-start low carbon technologies while
we await the Climate Change Commission recommendations,
which will guide the next round of climate action from
Government.
Additionally, the commitment to recycle
ETS revenue from next year s budget into Green initiatives
will mean approximately $3 billion towards climate action in
Budget 2021: Treasury predicts solid growth on boost in infrastructure spending
(Photo / NZ Herald) Thu, 20 May 2021, 2:33PM
The economy is expected to grow at a healthy clip and unemployment to fall close to 4 per cent in the coming years, with a big increase in infrastructure spending driving rosy forecasts from the Treasury.
Finance Minister Grant Robertson s 2021 Budget includes $57.3 billion in infrastructure spending between 2021 to 2025, increasing what was already a large increase in the 2020 Budget.
As well as further boost in funding for rail, including $85 million for carriage assembly at Hillside in Dunedin, more than $630m for school property, $300m for Scott Base and another $300m for the Green Investment Fund.
Budget 2021: Blockbuster Budget is Robertson s answer to the Mother of All Budgets stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.