We receive all our funding from the Crown - Annual Report 2019 - 2020
Spending appropriations are approved by Parliament following the Budget announcement each year. The annual Estimates of Appropriations detail funding allocated, policy initiatives approved, Ministers’ spending intentions, and how performance will be assessed. The chart below shows how spending in Vote Social Development has evolved over the last five years.
Full details of spending in 2019/20 can be found in the Financial Statements.
| Key area of spending | 2015/16 | 2016/17 | 2017/18 | 2018/19 | 2019/20 |
|---|---|---|---|---|---|
| NZ Superannuation | $12.27 billion | $13.04 billion | $13.7 billion | $14.56 billion | $15.52 billion |
| COVID-19 wage subsidies | $12.19 billlion | ||||
| Other benefits and assistance | $6.89 billion | $6.27 billion | $5.91 billion | $6.57 billion | $7.85 billion |
| Housing assistance and rent subsidies | $1.19 billion | $2.00 billion | $2.26 billion | $1.96 billion | $1.97 billion |
| Student support | $2.11 billion | $2.06 billion | $1.95 billion | $2.04 billion | $2.09 billion |
| Departmental operating costs [1] | $1.51 billion | $1.42 billion | $1.03 billion | $1.02 billion | $1.18 billion |
| Total | $23.97 billion | $24.86 billion | $25.09 billion [2] | $26.43 billion [3] | $40.87 billion |
Footnotes
- Departmental operating costs prior to 1 April 2017, when Oranga Tamariki was established, include Child, Youth and Family. Return to text
- Includes spending of $0.17bn on contracted services. Return to text
- Includes spending of $0.21bn on contracted services. Return to text
