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The Wellbeing Budget 2019

Published: 5th June 2019

Author: Adrienne Olsen

Published in: Commercial eSpeaking

As expected the government’s The Wellbeing Budget, presented by the Minister of Finance, the Hon Grant Robertson, on 30 May focussed very much on mental health and child wellbeing.

The wider economy was looked after with increases in funding to KiwiRail, the establishment of a new venture capital fund, investment in science and research, and so on.

The government has indicated that New Zealand’s economy is in good shape, despite some softening of the global economy.

Mental health
The government’s investment in mental health includes:
• $1.9 billion to be allocated towards mental health funding over the next five years.
• The introduction of a new universal frontline mental health service; this is expected to help 325,000 people with mild to moderate mental health needs by 2024.
• Acknowledging there is a current skill shortage, the government has committed to not only train more mental health professionals, but also to build more facilities.
• $40 million over four years is to be allocated to suicide prevention services.

Child wellbeing
• The government is committed to reduce material hardship – a measure of access to essential items for living. Currently this figure is 13.3% of New Zealand’s children; the government aims to reduce this to 10.3% by 2021 and to 6% by 2028.
• $1 billion has been committed to improve child wellbeing in New Zealand.
• A surprise move is to index main benefits to the average wage increases – rather than to inflation – from 2020 onwards. Under this new regime, by 2023 the amount beneficiaries receive per week will be up to $17 more than they would have received had the current CPI system remained in place.
• This change does not, however, apply to student allowances, Working for Families or the accommodation supplement.
• Funding increases to decile 1–7 schools (educating half a million children) so parents won’t be asked to pay a donation. The proviso is that those schools must stop asking parents for that donation.
• Significant investment is to be made to better support Māori and Pasifika communities.

The wider economy
• KiwiRail is to receive more than $1 billion: $741 million of this is allocated to rolling stock, the Interislander ferries and capital requirements, and $300 million will come from the Provincial Growth Fund for rail investment in the regions.
• $1.4 billion will go to the Auckland City Rail Link.
• The government will establish a $300 million fund for investing in New Zealand venture capital markets.
• There is to be $95 million invested on science and research on climate change and into new energy technologies.
• $161 million has been allocated to support the development of innovative businesses, commercialise products and adopt cutting-edge technologies.
• $25 million over four years will be spent to help the farming sector deal with the effects of climate change.
• With all the District Health Boards now operating in deficit, the government has budgeted $190 million to support those DHBs.
• $1.7 billion will be available for the building and redevelopment of hospitals.

For a more detailed overview, you can read The Treasury’s Budget at a Glance document here. To read the Minister’s entire Budget speech, please click here.

If you would like to talk with us about how the Budget may impact you and/or your business, please don’t hesitate to contact us.

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  • Canterbury
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  • Hawke's Bay
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  • Manawatu - Wanganui
  • Marlborough
  • Nelson
  • Northland
  • Otago
  • Southland
  • Taranaki
  • Waikato
  • Wairarapa
  • Wellington
  • West Coast

DG Law

David Graham and his secretary started out in a small office in Panmure in 1984.  We now have a large team covering a broad range of the law.

Our vision is to provide a prompt, efficient and effective solution to our clients' legal needs.  Our standard of work is high and clients can be confident they will receive the following when dealing with the DG Law team:

  • Care
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  • Honesty, and 
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Region: Auckland

Phone: 09 574 5316

Rejthar Stuart Law

A long established law practice providing comprehensive and specialised legal advice and services to a diverse range of commercial and private clients.

Established in 1997 the firm has grown over the years to become a two solicitor, two legal executive firm representing both private and commercial clients.

Region: Bay of Plenty

Phone: 07 577 6565

RSM Law

RSM Law is considered one of the most client focused law firms in South Canterbury. Established in 1883, the firm has played an integral part in the growth and development of South Canterbury, and beyond.

RSM Law's expertise covers all areas of the law, with particular emphasis on business law (including company law, small business and compliance); property law (rural and commercial property, and home buying and selling); litigation; resource management issues,(Carbon Accounting and Emissions Trading) estate planning, wills and trusts; infrastructure and syndication; and personal legal services.

Region: Canterbury

Phone: 03 687 9777

Purnell Lawyers

There is nothing as inevitable as change. Since opening for business early last century, we at Purnell Lawyers have seen many changes both in name and in the people who have made up the members of our team. We have been privileged to have served the public throughout all of these times. 

We are confident that we will continue to bring top quality legal services to our clients well into the future.

Region: Coromandel

Phone: 07 868 8680

Woodward Chrisp

At Woodward Chrisp we strive to meet the needs of our clients by providing a wide range of high quality legal services within a supportive and collaborative environment.

Woodward Chrisp is the amalgamation of two long established Gisborne legal firms: Woodward Iles & Co and Chrisp and Chrisp. Today’s partners are Ross Revington, Adam Simperingham and Jeff Allen.

Region: Gisborne

Phone: 06 869 0900

NZ LAW Limited

NZ LAW Limited is an association of independent legal practices with member firms located throughout New Zealand. There are currently 57 member firms practising in a wide range of legal disciplines ranging from business law, home buying and selling, immigration law and intellectual property to aviation law and viticulture.

The group was established in 1992 when about five law firms met in Auckland to find a way to benefit their clients by replicating the conviviality and the sharing of ideas and expertise that occurs in larger law firms, but still be able to retain client confidentiality and their own independence.

Region: Hawke's Bay

Phone: 06 835 5299

Breaden McCardle Lawyers

Breaden McCardle Lawyers is the largest full service legal practice in the Kapiti Region.

We are here to help you and pride ourselves on providing practical, solutions based advice to clients in an approachable and straightforward manner.

Region: Kapiti Coast

Phone: 04 296 1105

Horsley Christie

Horsley Christie is a successful law firm based in Whanganui which offers a diverse range of legal services to the Whanganui Region and beyond and has done for over 100 years.

When you deal with Horsley Christie you do so in the knowledge that the firm is one of many law practices nationwide who are members of NZ LAW.

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Phone: 06 349 0090

Wain & Naysmith

Based in Blenheim, Wain & Naysmith Lawyers is a full service law firm, and a powerhouse for property, family and business law.

We pride ourselves in providing clear and cost effective legal solutions and practical advice for you, your family and your business.

Region: Marlborough

Phone: 03 520 6103

Knapps Lawyers

As a firm, we promise to look after you and treat you in a manner that we would expect to be treated by a professional services provider; we promise to use every available legal remedy available to us to resolve your issue and to do what you ask us to do in a timely manner.

We will hold in strict confidence all information that we acquire through our work for you and which concerns your business or personal information.  The only exceptions are where you authorise us to disclose such information or where we must do so by law.

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Phone: 03 544 7888

Thomson Wilson

Thomson Wilson is a full service law firm based in Whangarei. We’ve been trusted lawyers for the Northland community and beyond for 75 years.

We act for individuals and families, businesses, public sector and other organisations. Whether you need no-fuss advice on a simple matter, or a team of legal experts. 

Our staff provide advice in most areas of the law, including property law, business law, trusts and estates, separation and divorce, resource management, criminal law and more.

We also offer expertise in specialist areas such as Maori land, local government law, farming and forestry.

Region: Northland

Phone: 09 430 4380

Aspiring Law

As one of the leading general practice law firms in Wanaka, the wider Upper Clutha and Central Otago Lakes district, our job is to explain both of our respective roles in managing your legal matters.

We’re a friendly group of people and our philosophy is based on three simple principles to make sure you avoid messy, lengthy, and costly legal issues:

  • Don’t leave anything to chance - certainty provides peace of mind
  • Seek expert advice - it really is the best and most cost-effective thing you can do
  • Ask for that advice early - it will be cheaper for you in the long term

Region: Otago

Phone: 03 443 0900

Cruickshank Pryde

We are proud to provide a full suite of legal services to the regions of Southland and Central Otago. With our offices, located in Invercargill, Gore and Queenstown, equipped with the latest modern technology, we can service wider New Zealand and international clients with ease. Our areas of expertise include commercial, rural, business, employment, family, criminal, property, resource management and estate planning law.

Region: Southland

Phone: 03 214 4069

RMY Legal

Having been a cornerstone in the New Plymouth and Taranaki legal community since the 1930s we offer in-depth knowledge coupled with legal expertise and always put the needs of you and your business at the heart of what we do.

Not only do we offer a first class service to clients throughout Taranaki, we are passionate about what we do and our success stems from delivering advice in clear and understandable terms.

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Phone: 06 769 8080

James & Wells Intellectual Property

We’re intellectual property experts, but we are also business strategists, scientists, engineers, accountants, lawyers and commercialisation specialists.

We’re all committed to the same goal – making sure Kiwi innovation makes it big on the world stage. Why are we so passionate? Well, it’s sad but true, historically Kiwis haven’t made the most of their great ideas. Maybe because most people don’t realise that 80% of the value of their business is in intangible assets.

This is why we have focused our firm on helping our clients make the most of these valuable assets. 

Region: Waikato

Phone: 07 957 5660

Gawith Burridge

Gawith Burridge traces its history back to 1875 when Charles Gawith first set up his practice. Since then the firm has undergone many changes, including a merger between Gawith & Co and Burridge & Co in 1998 to form our current practice.

Our firm draws on the breadth of expertise available from some of the region’s most senior legal practitioners, as well as the skills of those who have moved here from larger corporate environments.

As a result, we provide clients with a comprehensive range of legal services right here in the Wairarapa. We can provide you with legal assistance whether you are an individual or a company, with everything from setting up a Will to selling your farming business. 

Region: Wairarapa

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Gillespie Young Watson

We specialise in Property, Commercial and Trust Law. When it comes to law firm size we are bigger than smaller and smaller than big. By limiting the work we do to our specialist areas, we like to think we bring together the best of big firm skill sets with the personal care, attention and relationships of small firms.

We expect our clients to receive clear, practical and timely advice. We place a premium on accessibility and convenience to our clients. We value and appreciate all of our clients and want to do the best possible job for each of them. When we close a file we want the client to feel they have received exceptional advice, service and value.

Region: Wellington

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Hannan & Seddon

The Law Firm of Hannan & Seddon dates back to September 1867.

The firm's offices were in Werita Street from 1867 until 1982 when the firm moved to Tarapuhi Street and then to its current spacious premises at 61 Guinness Street in 1998.

The name Hannan comes from Mr Michael Hannan whose son John Hannan (Jack) joined the firm in 1908. Jack Hannan remained in partnership until he passed away in 1974 at the age of 90!

The name Seddon comes from Mr T E Y Seddon (son of Premier Richard John Seddon from Kumara) who joined the firm in the 1920's. The other prominent Solicitor at Hannan & Seddon was Cyril McGinley who joined the firm in the late 1920’s and retired as a Consultant in 1997 aged 87.

Currently we have two Partners within our firm. Tony Sullivan who has been with us for 29 years and Colin Smith, 26 years. The firm also has two long serving Legal Executives Elaine Knowles and Beverley Walsh.  

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Phone: 03 768 4169

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