Budget
at a Glance

Budget 2026 package

Budget 2026 is a package of new spending, savings, and reprioritisation to frontline services, all within a net operating package of only $2.1 billion per annum, on average. The single biggest allocation of funding is for frontline health services.

Budget package
($ million)
Operating
total over
4 years
Operating
average
per annum
Capital
Health 5,839 1,460 682
Education (including tertiary) 2,017 503 501
Defence and intelligence 1,156 388 2,348
Law and order 1,076 269 215
Social housing and welfare 824 255 2
Transport 477 119 2,878
Housing 430 107 -
Energy security 198 50 198
Other expenditure 2,649 662 135
Total new expenditure 14,666 3,813 6,959
Savings and revenue (6,394) (1,667) (1,257)
Net package 8,272 2,146 5,702

The Budget package adds to existing planned expenditure. In total, the Government is expected to spend $155 billion in the next financial year, mostly on health, education, welfare and NZ Superannuation (see chart on "How taxpayers' money is spent" page).

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