Budget 2011 - Housing

Budget 2011 - Housing

This table outlines the New Zealand Government's planned housing spending for the 2011/12 budget year.

Actual spending for the previous four years is on the left and includes, for the sake of comparison, the previous Labour Government's final spending in 2008.

The numbers are taken from the Vote Housing. A link to the primary source used, from Treasury's website, can be found at the bottom of the page.

Please note that some of the allocation titles have been shortened for the sake of space.

Figures for each allocation are in millions of NZ$.

Actual 2007/08 Actual 2008/09 Actual 2009/10 Forecast 2010/11 Housing: Budget 2011/12 %
NZ$m NZ$m NZ$m NZ$m   NZ$m  
465.165 503.656 527.851 0.000 Income related rental subsidy 0.000 0.0%
0.000 22.000 20.000 0.000 HNZC state house upgrades 0.000 0.0%
0.000 7.170 0.700 0.000 Loans to support homeownership 0.000 0.0%
131.187 0.000 0.000 0.000 Loans to refinance third party debt 0.000 0.0%
50.000 0.000 0.000 0.000 Housing NZ Ltd - Refinance Crown Debt 0.000 0.0%
40.000 0.000 0.000 0.000 HNZC - Refinance Crown Debt 0.000 0.0%
3.964 0.000 0.000 0.000 Debt servicing - housing agency a/c 0.000 0.0%
3.172 0.000 0.000 0.000 Building Act 2004 implementation 0.000 0.0%
1.767 0.000 0.000 0.000 Increase in debt provision 0.000 0.0%
0.000 0.000 5.535 0.000 Housing Innovation Fund impairments 0.000 0.0%
4.095 4.812 4.737 6.888 Sector and regulatory policy 0.000 0.0%
0.000 0.000 8.700 8.000 Housing Innovation Fund grants 0.000 0.0%
89.048 0.000 0.620 0.027 Capital Injections to HNZC 0.027 0.0%
0.514 0.623 1.391 1.417 Monitoring and advice - HNZC 0.794 0.1%
0.000 11.979 11.300 8.110 Loans for social & affordable housing 1.100 0.1%
0.069 1.468 1.296 0.000 Mgmt of Crown Properties 1.395 0.1%
8.943 8.736 0.815 1.659 Housing Assistance 1.729 0.2%
11.029 2.375 10.166 6.911 Contracted housing support services 2.400 0.2%
1.114 5.871 5.526 1.262 Dept of Building & Housing - capex 4.084 0.4%
4.000 3.829 3.800 3.968 Community housing rent relief program 4.150 0.4%
0.000 1.366 4.225 5.000 Increase in debt provision 5.000 0.5%
0.000 0.000 0.000 2.100 KiwiSaver deposit subsidy 5.200 0.5%
2.416 2.554 2.640 2.554 Housing policy advice 7.815 0.8%
10.561 3.308 20.301 7.796 Buying and developing properties 9.300 0.9%
9.657 8.070 8.158 8.984 Occupational licensing 9.966 1.0%
0.000 0.000 0.000 11.550 Canterbury earthquake response 11.671 1.2%
10.472 7.371 14.993 10.119 HNZC housing support services 15.343 1.5%
12.706 16.992 16.310 18.046 Building regulation and control 16.214 1.6%
0.000 82.431 120.610 18.137 Buying & improving state houses 19.142 1.9%
19.731 19.764 22.222 21.524 Residential tenancy / unit title services 22.328 2.2%
0.000 7.500 13.500 37.500 Wtgn City social housing assistance 43.500 4.4%
16.879 15.844 15.275 716.659 Weathertight homes resolution services 52.892 5.3%
0.000 170.970 234.642 160.757 Refinancing of debt 175.496 17.6%
0.000 0.000 0.000 558.566 Housing/services for tenants on income related rent 587.115 58.8%
             
896.5 908.7 1,075.30 1,618.20 Totals: $997.70 100.0%

You can get back to the main page that summarises all government spending here >>

Sources:

Housing : http://treasury.govt.nz/budget/2011/estimates/est11hous.pdf

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