Question 3 - Virginia Andersen to the Minister of Finance

the last year or so... Order! Nice
try.

the last year or so... Order! Nice
try.

the last year or so... Order! Nice
try. Any

the last year or so... Order! Nice

the last year or so... Order! Nice

My

My question is to

My question is to

My question is to the Minister of

My question is to the Minister of

My question is to the Minister of

My question is to the Minister of

needs has he been made aware of
ahead

needs has he been made aware of

needs has he been made aware of

In

have been made aware of the scale of
capital

have been made aware of the scale of
capital

have been made aware of the scale of
capital investment needs we have

have been made aware of the scale of
capital investment needs we have

capital investment needs we have
inherited. The Treasury

capital investment needs we have
inherited. The Treasury

capital investment needs we have
inherited. The Treasury reports

inherited. The Treasury reports that
are DHBs

inherited. The Treasury reports that
are DHBs

inherited. The Treasury reports that
are DHBs will

inherited. The Treasury reports that

inherited. The Treasury reports that

worth of Crown investment over the
next

worth of Crown investment over the
next

worth of Crown investment over the
next 10 years.

worth of Crown investment over the
next 10 years.

worth of Crown investment over the
next 10 years. We've

next 10 years. We've also inherited
issues

next 10 years. We've also inherited
issues

next 10 years. We've also inherited
issues in the education

next 10 years. We've also inherited
issues in the education

issues in the education portfolio,
where

issues in the education portfolio,
where

issues in the education portfolio,
where a further

issues in the education portfolio,
where a further

issues in the education portfolio,

issues in the education portfolio,

needed over the next four years to
pay

needed over the next four years to
pay for school

needed over the next four years to
pay for school

pay for school role growth. We have
had

pay for school role growth. We have
had

pay for school role growth. We have
had to make up

pay for school role growth. We have
had to make up

pay for school role growth. We have
had to make up for

pay for school role growth. We have

shortfall in the Auckland transport
alignment

shortfall in the Auckland transport
alignment project. Fortunately,

shortfall in the Auckland transport
alignment project. Fortunately,

shortfall in the Auckland transport
alignment project. Fortunately, as

shortfall in the Auckland transport
alignment project. Fortunately, as I

alignment project. Fortunately, as I
announced in a

alignment project. Fortunately, as I
announced in a speech

announced in a speech this morning,
the

announced in a speech this morning,
the

announced in a speech this morning,
the Government's net

announced in a speech this morning,
the Government's net

announced in a speech this morning,
the Government's net capital

the Government's net capital
spending will

the Government's net capital
spending will

the Government's net capital

the Government's net capital

forecast by the previous Government
before

forecast by the previous Government
before the election. We

forecast by the previous Government
before the election. We

before the election. We are
committed

before the election. We are
committed

before the election. We are
committed to

before the election. We are
committed to fixing the foundations

before the election. We are
committed to fixing the foundations

committed to fixing the foundations
of our communities,

committed to fixing the foundations
of our communities,

committed to fixing the foundations
of our communities, country and

committed to fixing the foundations
of our communities, country and

economy. That's right!

What is has the Government done so
far

What is has the Government done so
far to

What is has the Government done so
far to address

What is has the Government done so
far to address capital

What is has the Government done so
far to address capital

far to address capital investment

far to address capital investment

far to address capital investment

far to address capital investment

significant difference with our

significant difference with our

significant difference with our

significant difference with our

significant difference with our

significant difference with our

significant difference with our

mini Budget we allocated major
capital

capital investments that will make a

capital investments that will make a
mini

capital investments that will make a

capital investments that will make a

billion for our KiwiBuild project,
and

billion for our KiwiBuild project,
and we

billion for our KiwiBuild project,
and we

billion for our KiwiBuild project,
and we have also

billion for our KiwiBuild project,
and we have also

and we have also restarted
contributions to

and we have also restarted
contributions to

and we have also restarted
contributions to the New Zealand

and we have also restarted
contributions to the New Zealand

contributions to the New Zealand
super

contributions to the New Zealand
super fund after nine

contributions to the New Zealand
super fund after nine

contributions to the New Zealand
super fund after nine years

super fund after nine years of no
Government contributions.

super fund after nine years of no
Government contributions. This

Government contributions. This is
crucial

Government contributions. This is
crucial

Government contributions. This is
crucial for us

Government contributions. This is
crucial for us to

crucial for us to safeguard
superannuation

crucial for us to safeguard
superannuation for

superannuation for future
generations. How

superannuation for future
generations. How

superannuation for future
generations. How is the

superannuation for future
generations. How is the

generations. How is the Government
funding

generations. How is the Government
funding

generations. How is the Government

taken a number of actions to ensure
that

taken a number of actions to ensure
that we can

taken a number of actions to ensure
that we can

taken a number of actions to ensure
that we can afford all

taken a number of actions to ensure
that we can afford all

that we can afford all of our

that we can afford all of our

that we can afford all of our

Firstly, we reversed the previous
Government's

Firstly, we reversed the previous
Government's poorly

Firstly, we reversed the previous
Government's poorly

Government's poorly targeted tax
cuts

Government's poorly targeted tax
cuts

Government's poorly targeted tax
cuts which would

Government's poorly targeted tax
cuts which would

cuts which would have
disproportionately benefited the

cuts which would have
disproportionately benefited the

disproportionately benefited the
wealthiest. We're

disproportionately benefited the
wealthiest. We're

disproportionately benefited the
wealthiest. We're also

disproportionately benefited the
wealthiest. We're also taking a

disproportionately benefited the
wealthiest. We're also taking a

wealthiest. We're also taking a more
responsible

wealthiest. We're also taking a more
responsible

wealthiest. We're also taking a more
responsible debt repayment track,

wealthiest. We're also taking a more
responsible debt repayment track,

responsible debt repayment track,
giving ourselves head

responsible debt repayment track,
giving ourselves head room

responsible debt repayment track,
giving ourselves head room to

responsible debt repayment track,
giving ourselves head room to

responsible debt repayment track,
giving ourselves head room to make

giving ourselves head room to make
these essential investments. And

giving ourselves head room to make
these essential investments. And

these essential investments. And we
have been

these essential investments. And we
have been

these essential investments. And we
have been able to

these essential investments. And we
have been able to

have been able to reprioritise
around

have been able to reprioritise
have

have been able to reprioritise

have been able to reprioritise

the next four years, by repurposing
spending

the next four years, by repurposing
spending that does not

the next four years, by repurposing
spending that does not

the next four years, by repurposing
spending that does not fit with our

the next four years, by repurposing
spending that does not fit with our

spending that does not fit with our
Government's plans or

spending that does not fit with our
Government's plans or

spending that does not fit with our
Government's plans or does not

spending that does not fit with our
Government's plans or does not

Government's plans or does not
represent value for money.

Government's plans or does not
represent value for money.

Government's plans or does not
represent value for money. We've

represent value for money. We've
also a growing

represent value for money. We've
also a growing

represent value for money. We've
also a growing economy that is

represent value for money. We've
also a growing economy that is

also a growing economy that is
contributing to our resources.

also a growing economy that is
contributing to our resources.

also a growing economy that is
contributing to our resources. These

contributing to our resources. These
actions have allowed us

contributing to our resources. These
actions have allowed us

contributing to our resources. These
actions have allowed us to

contributing to our resources. These
actions have allowed us to free up

contributing to our resources. These
actions have allowed us to free up

actions have allowed us to free up
resources so

actions have allowed us to free up
resources so we

actions have allowed us to free up
resources so we can

actions have allowed us to free up
resources so we can

actions have allowed us to free up
resources so we can correct the

actions have allowed us to free up
resources so we can correct the

resources so we can correct the
social and infrastructure deficits

resources so we can correct the
social and infrastructure deficits

social and infrastructure deficits
we have inherited. You

social and infrastructure deficits
we have inherited. You

social and infrastructure deficits
we have inherited. You will

we have inherited. You will see this
reflected

we have inherited. You will see this
reflected in

we have inherited. You will see this
reflected in the Budget when

we have inherited. You will see this
reflected in the Budget when it

we have inherited. You will see this
reflected in the Budget when it is

we have inherited. You will see this
reflected in the Budget when it is

reflected in the Budget when it is
announced a week

reflected in the Budget when it is
announced a week today.

announced a week today.

announced a week today.

My

My question

My question

My question is to the

My question is to the

My question is to the Minister of

My question is to the Minister of

My question is to the Minister of

My question is to the Minister of

Prime Minister when she said this
week

Prime Minister when she said this
week that the Government's

Prime Minister when she said this
week that the Government's

week that the Government's current
immigration policy is

week that the Government's current
immigration policy is

Thank

Thank you.

Thank you.

Thank you. Yes. And

Thank you. Yes. And

Thank you. Yes. And by way of
example

Thank you. Yes. And by way of
example

Thank you. Yes. And by way of
example for the

Thank you. Yes. And by way of
example for the member,

Thank you. Yes. And by way of
example for the member, I will

Thank you. Yes. And by way of
example for the member, I will