Budget 2021 will secure Aotearoa New Zealand’s recovery from COVID-19, creating jobs and investing to address the long-term challenges of child poverty, housing, and climate change.
Previous economic downturns have made inequality worse. We’re taking a different approach. By investing in those who need it most and tackling long-term issues, we are driving our recovery by reducing need while creating jobs and stimulus for our economy.
Budget 2021 strikes a careful balance between securing Aotearoa’s economic recovery and keeping a lid on the debt we took on to protect lives and livelihoods during COVID-19. New Zealanders have weathered the storm of the pandemic – today we take the next steps in our recovery, together.
For details on the initiatives funded by Budget 2021, see below.