New Zealand's 1st 'well-being budget' targets mental health

A man sleeps on the street in the central business district of Christchurch, New Zealand, Thursday, May 30, 2019. The liberal-led government on Thursday unveiled the country's first so-called well-being budget, which aims to measure social outcomes like health and the environment alongside traditional metrics such as economic growth. (AP Photo/Mark Baker)
In this Wednesday, May 29, 2019 photo, thousands of striking teachers, and their supporters, listen to Education Minister Chris Hipkins on Parliament forecourt during the national teacher's strike. The liberal-led government on Thursday, May 30, unveiled the country's first so-called well-being budget, which aims to measure social outcomes like health and the environment alongside traditional metrics such as economic growth.(Mark Mitchell/New Zealand Herald via AP)
In this Wednesday, May 29, 2019 photo, teachers march up Queen Street, in central Auckland, New Zealand during the national teacher's strike. The liberal-led government on Thursday, May 30, unveiled the country's first so-called well-being budget, which aims to measure social outcomes like health and the environment alongside traditional metrics such as economic growth.(Brett Phibbs/New Zealand Herald via AP)
In this Wednesday, May 29, 2019 photo, thousands of striking teachers, and their supporters, listen to Education Minister Chris Hipkins on Parliament forecourt during the national teacher's strike. The liberal-led government on Thursday, May 30, unveiled the country's first so-called well-being budget, which aims to measure social outcomes like health and the environment alongside traditional metrics such as economic growth.(Mark Mitchell/New Zealand Herald via AP)
A man sleeps on the street in the central business district of Christchurch, New Zealand, Thursday, May 30, 2019. The liberal-led government on Thursday, May 30, unveiled the country's first so-called well-being budget, which aims to measure social outcomes like health and the environment alongside traditional metrics such as economic growth. (AP Photo/Mark Baker)
A man sits with a bowl asking for money in the central business district of Christchurch, New Zealand, Thursday, May 30, 2019. The liberal-led government on Thursday unveiled the country's first so-called well-being budget, which aims to measure social outcomes like health and the environment alongside traditional metrics such as economic growth. (AP Photo/Mark Baker)

WELLINGTON, New Zealand — New Zealand's government announced Thursday it will spend billions of dollars more on mental health services and combatting child poverty as part of a new approach to its finances.

The liberal-led government unveiled the country's first so-called well-being budget. It aims to measure social outcomes like health and the environment alongside traditional metrics such as economic growth.

The new approach has been lauded by some internationally but criticized by the conservative opposition as meaningless window-dressing.

The budget was the first since a gunman killed 51 people at two Christchurch mosques in March, and it included money for a gun buyback scheme after the government introduced new laws banning the types of semi-automatic weapons often used in mass shootings.

The budget also increased funding for the nation's intelligence agencies, which didn't identify the man accused of the slaughter as a potential threat.

Overall, new spending was up significantly on previous forecasts. But while government borrowing was forecast to rise, the net debt was expected to stay at about 20% of GDP as the size of the economy also expanded.

Finance Minister Grant Robertson said the increased spending was worth the extra debt and would help stimulate the economy as global economic growth slowed.

"The old way of doing things has left too many people behind," Robertson said. "New Zealanders want us to measure our success, and invest on their behalf, in line with their values. The values of fairness, the protection of the environment, the strength of our communities."

Under the budget, spending on mental health will increase by 1.9 billion New Zealand dollars ($1.2 billion) over the next four years. Part of that will include extra money for suicide prevention services as the country tries to tackle its high suicide rate.

"One death from suicide is one death too many, and the effects of each suicide on friends and family is devastating," Robertson said.

Budget documents indicate an extra 81,000 people will be able to access free mental health and addiction services.

Robertson said at least 180,000 children were living in poverty and the government had set an ambitious 10-year target to cut that number in half.

The budget also included NZ$1 billion over four years to rebuild the country's aging rail network and NZ$300 million over that time to help start-up companies grow larger. It also included extra money to help clean waterways and improve forestry.

Opposition Leader Simon Bridges said the budget had been "botched." He said families wanted more money for food, gas and rent, but instead taxes were being spent on rail, defense and trees.

"The economy is sharply declining and the government is doing nothing to encourage growth," Bridges said.

He said the budget included extra money for classrooms but not for teachers, who have been striking for better pay and conditions.

"This budget is style over substance," he said. "It might have a glossy cover with nice pictures, but it's hollow inside."

Treasury forecasts indicate New Zealand's economy will expand by about 3% next year before the rate slows to a 2.4% annual increase in 2022. The unemployment rate remains at just over 4% and is forecast to remain steady.

The budget includes NZ$150 million for the gun buyback scheme and NZ$50 million extra over four years for the intelligence agencies. Robertson said it would increase the funding for the buyback scheme if needed.

Some details of the budget were leaked earlier this week by the opposition National Party. Treasury at first said its systems were hacked and it had contacted police. It later said somebody had legally exploited a search tool on its website as it uploaded budget information to a clone site.

People also read these

Indonesia president lands in Sydney on first...

Feb 25, 2017

Indonesian President Joko "Jokowi" Widodo arrived in Sydney on Saturday on his first visit to...

Israeli premier calls 1st visit to Australia...

Feb 26, 2017

Benjamin Netanyahu has described his visit to Australia, which is a first for a serving Israeli...

Vettel breaks Ferrari's F1 drought with victory...

Mar 26, 2017

Sebastian Vettel broke Ferrari's Formula One drought with a victory over Mercedes teammates Lewis...

Vettel's drought-breaker for Ferrari sets up F1...

Mar 27, 2017

With Sebastian Vettel ascending the top of the podium in his red Ferrari race suit, the new...

Australia warns travelers to not bring in...

May 11, 2017

Australian quarantine authorities have urged travelers through Asia to beware of hitchhiking...

Sign up now!

Three Sixty Press is your general news coverage keeping you up-to-date with the vast news in the world.

Contact us: sales[at]threesixtypress.com