Previous budgets
Information on previous Budget announcements for science and innovation-related funding.
In this section
Budget 2023
The Budget 2023 funding package includes the Government’s largest ever capital investment in science infrastructure, support for New Zealand’s participation in the world’s largest research and innovation programme Horizon Europe, and funding to retain and develop more than 260 future leaders of research, science and innovation over the next 10 years.
Budget 2021
As part of Budget 2021, the Government has invested $56.12 million in science, research and innovation.
Budget 2020
As part of Budget 2020 and the COVID Response and Recovery Fund, the Government has announced a $401.3 million package over 4 years for research, science and innovation.
Budget 2019
Through Budget 2019 the Government invested an additional $132 million of funding over 4 years for research, science and innovation.
Budget 2018
Through Budget 2018 the Government invested $1.1 billion of funding over 4 years for research, science and innovation. This grew the total Government investment by 26% from $1.58 billion in 2017/18 to $1.99 billion in 2019/20.
Budget 2017
In Budget 2017, an additional $372.8 million was set aside to be invested over the following 4 years in science, skills, tertiary education, and economic development initiatives to build a stronger economic future for New Zealand.