Budget 2011: Supporting vital infrastructure

Vital infrastructure will receive $1.6 billion more in Budget 2011. Capital spending is targeted at broadband, rail, and schools. This is alongside investments in the highway network and the national electricity grid.
We’re investing $942 million to complete the Government’s funding commitment in ultra-fast broadband, and $28 million to connect fibre to schools. In education we’re allocating $109 million towards leaky building remediation, and advancing a public-private partnership for two schools at Hobsonville.

KiwiRail will receive $250 million more to help fund its 10-year Turn Around Plan, and Wellington's Metro Rail will receive $88 million.

Well targeted infrastructure investment helps lift productivity, which over time means better wages and higher living standards for New Zealand families.

For more information visit: http://national.org.nz/budget2011/Building_infrastructure_for_growth.pdf