2006 New Zealand Budget - Highlights

Highlights

Key issues in the budget includes:

• The Telecom New Zealand local loop unbundling.
• $1.3 billion extra for transport.
• $3 billion extra for health care, over the next four years.
• $361 million extra for schooling.
• $166 million extra for tertiary education and skill training.
• $162 million extra for early childhood education.
• While there was some lobbying for tax cuts, none were delivered.
• $8.5 billion OBERAC surplus; $1.5 billion cash surplus