Labour's leader is confident he'll find the money to meet his election promise of fixing up schools and hospitals.

The Party has pledged $400 million dollars to improving school buildings and grounds within 24 months. 

It'd put $200 million dollars into clearing a repair backlog for hospitals and clinics.

Chris Hipkins says the party is yet to release its fiscal plan, but a pot of money already exists. 

"This comes out of the Government's capital allowance - the current budget has a capital allowance of about $3.5 billion a year, so that's adding up to about $14 billion over the next four years. This commits about a quarter of that." 

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Labour's leader is confident he'll find the money to meet his election promise of fixing up schools and hospitals.
The Party has pledged $400 million dollars to improving school buildings and grounds within 24 months.&nbsp;
It'd put $200 million dollars into clearing a repair backlog for hospitals and clinics.
Chris Hipkins says the party is yet to release its fiscal plan, but a pot of money already exists.&nbsp;
"This comes out of the Government's capital allowance - the current budget has a capital allowance of about $3.5 billion a year, so that's adding up to about $14 billion over the next four years. This commits about a quarter of that."&nbsp;
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With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Chris Hipkins: Labour Party leader on the party pledging to spend more money fixing up schools and hospitals

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ec7ccd90-b0fc-42b5-98f1-b4cf004c7caa/transcript