Dr Michael Johnston: A good budget for education

Budget 2026 was not a typical election year budget. Instead of breaking out the pork barrel, Finance Minister Nicola Willis brought forward New Zealand’s projected return to surplus by a year, even if the projection rests on some bold assumptions.

Cast in that light, Vote Education did well. While the ‘fees-free’ year for tertiary students was cancelled and, like most government departments, education agencies will have to trim about 12% of their spending over four years, education as a whole came out ahead. In addition to reallocated savings, about $1 billion in new money will be spent on educational essentials over four years.