Claim: After the earthquakes in New Zealand the 2011 budget was implemented to return to a surplus by 2014-15 and it included $5.5 billion to rebuild and $5.2 billion for mainly infrastructure, health, and education and the KiwiSaver contributions were increased.
Evidence: Budget 2011 was delivered following earthquakes which devastated Christchurch and included a $5.5 billion rebuild package for the city. The 2011 Budget forecast a return to fiscal surplus to 2014/15. $5.2 billion was prioritised over four years for spending on mostly targeted at health, education and infrastructure. Individual and employer KiwiSaver contributions were increased.