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Budget 2024 is the New Zealand budget for fiscal year 2024/25 presented to the House of Representatives by Minister of Finance, Nicola Willis, on 30 May 2024 as the first budget presented by the Sixth National Government, [1] [2] ignoring the mini-budget they presented in December 2023.
National also criticised the budget's cost-of-living measures including free public transport, free early childhood education, and removing the $5 prescription medicines co-payment. [9] Deputy leader Nicola Willis claimed that the budget would lead to higher inflation and mortgage payments. While she welcomed the Budget's early childhood ...
Electrifying New Zealand's transportation fleet is a critical step towards achieving a zero-carbon future. The Emissions Reduction Plan commits New Zealand to increasing zero-emission vehicles to 30% of the light vehicle fleet and reducing freight transport emissions by 35% by 2035, through these projected outcomes. [37]
The Minister of Finance delivers the Budget statement, a speech in the House of Representatives with no time limit. In the Budget statement, the Minister may review the international economic outlook and the performance of the New Zealand economy, and outlines the Government's proposed economic and fiscal measures to deal with the assessed situation of the country.
New Zealand Transport Agency Waka Kotahi: Hope Bypass: Tasman: Infrastructure: To construct 4.2 km of new highway to bypass Richmond and Hope townships to reduce congestion in Richmond, increase efficiency and travel time reliability and allow for more housing growth. New Zealand Transport Agency Waka Kotahi: End of Life Bridges Programme ...
The 2023 New Zealand mini-budget generated NZ$7.5 billion worth of savings by stopping 15 programmes including 20 hours of free childcare for two-year-olds (worth NZ$1.2 billion), eliminating depreciation for commercial buildings (NZ$2.3 billion) and disestablishing the Climate Emergency Response Fund (NZ$2 billion). [2]
In December 2023, the New Zealand Minister of Transport Simeon Brown ordered that the agency was to give primacy to its English name. [13] [16] In mid-December 2023, Transport Minister Brown ordered the NZTA to halt funding and work on various local council projects to promote cycling, walking and public transportation. [17]
The law change has been accused of having turned the New Zealand business into a 'sunset industry' which will eventually die out. [52] In the financial year 2003 / 2004 coastal cargo in New Zealand totalled around 8.6 million tonnes, of which 85% was still carried by local, and 15% by overseas shipping. [53]