Budget 2025 delivers
1 | A new tax incentive – Investment Boost – to encourage business investment that lifts wages and grows the economy. |
2 | Additional investment in health, education, law and order, and other frontline public services. |
3 | KiwiSaver changes to support Kiwis to save more for their first home and retirement, and to make the scheme more fiscally sustainable. |
4 | Funding to boost Defence Force capability and respond to a more challenging global environment. |
5 | New infrastructure, including a $1 billion investment in hospitals and a more than $700 million investment in schools. |
6 | Targeted cost-of-living support for low- to middle-income families and other groups. |
Unless otherwise stated, funding in this document refers to operating funding over the forecast period, plus capital funding.