Labour pledges $4 billion for state houses, school repairs and hospitals
The New Zealand Labour Party has pledged $4 billion toward infrastructure projects, including social housing, school repairs, and hospital upgrades. The policy aims to stimulate the economy and reduce unemployment by creating jobs in the construction sector.
Why it matters
This significant fiscal commitment highlights the party's strategy to address infrastructure deficits while countering high unemployment rates ahead of the 2026 election.
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Labour is promising to create more jobs by building homes, improving classrooms and repairing hospitals at a total cost of more than $4 billion.
The party says it will deliver at least 6000 additional social housing places over four years, school improvements at more than 2000 schools and hospital improvements, too.
Its allocated nearly $3b for building new state houses, $450 million for school repairs, and $200m toward health.
It also allocated $760m to cover the additional Income-Related Rent Subsidy and operating costs for Kāinga Ora and Community Housing Providers.
Labour leader Chris Hipkins and Labour jobs spokesperson Ginny Andersen made the policy announcement in Hamilton on Thursday.
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