All the cash boosts Kiwis will get from 1 April
The cost of living crisis has hit many New Zealanders hard, but some help is on the way. From the beginning of April, increases to the pension, benefit, student allowance and childcare subsidies will benefit 1.4 million Kiwis.
At the same time, the minimum wage will also increase by $1.50 to $22.70 per hour.
These increases are being touted as helping the New Zealanders struggling the most right now, Sense Partners economist Shamubeel Eaqub tells The Front Page podcast it will take more than this to solve the ongoing problem of poverty in this country.
“Every little bit helps,” says Eaqub.
“The cost of living has gone up and people who do very hard work on these fairly low-paid jobs are going to find that there’s a little bit more money, but the reality is that because there are just so many taxes, even for very poor people in New Zealaand, not a lot of that will end up in the family kitty.”
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Here’s a rundown of all the changes coming on 1 April:
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Superannuation will increase by over $100 for a couple per fortnight and nearly $70 for individuals.
Main benefits to increase by the rate of inflation, meaning a family on a benefit with children will receive an extra $40.86 a week and a sole parent will receive an extra $31.83 a week.
Student support rates will increase in line with inflation, with single students under 24 without children getting an extra $20.21 per week.
The minimum wage will increase by $1.50 to $22.70 per hour.
The income thresholds for the childcare subsidy will increase.
The latest figures show that 120,000 children are still living below the poverty line in New Zealand, barely decreasing from the figures released last year.
“This shows us we’ve got to do so much more,” says Eaqub.
“We cannot have policies that go thinly over too many people. We’ve got have courage and boldness and we’ve got to spend much more money if we’re actually going to deal with it. Poverty is entirely fixable. We know the kinds of policies that work, but it requires us to take money away policies that are spread too thin and give money to people who do not deserve it.
So what policies would make more sense? Do politicians have the appetite to drive that change? Could childcare subsidies simply lead to increase costs? And is it time to seriously think about changing our superannuation system?
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www.nzherald.co.nz...
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Poll: Is the increase in disability parking fines fair?
In October, the fine for parking in a designated mobility car park without a permit has jumped from $150 to $750—a 400% increase!
The goal is to keep these spaces open for those who truly need them. Do you think this big increase in the fine is fair? Share your thoughts below.
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88.5% Yes, it's fair
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10.8% No, it's unreasonable
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0.7% Other - I'll share below
Can You Handle Today’s Mind-Boggling Riddle?
David's father has three sons: Snap, Crackle, and _____?
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2024 NZ Chinese Food and Culture Festival
Get ready for the 2nd annual New Zealand Chinese Food & Culture Festival happening on November 17, 2024 hosted at the Corbans Estate Arts Centre in West Auckland! This year’s festival is going to be bigger, better, and packed with even more mouthwatering food and vibrant cultural performances. After the huge success of last year’s event, we’re bringing fresh ideas and exciting twists to make this an unforgettable celebration of Chinese food and culture—right here in New Zealand!
Expect a dazzling fusion of flavours, traditions, and local charm as the festival brings together delicious Chinese cuisine and unique cultural showcases. This year's event will feature even more food stalls, a wider variety of performances, and some special guests, including the incredibly talented singer Zhang Mengmeng!
With extensive media coverage and buzz from nearly 20 outlets, it's the perfect chance for foodies and cultural enthusiasts alike to show off their talents, share their love for Chinese culture, and create lasting connections. Whether you're a local or coming from overseas, this festival is all about celebrating diversity, unity, and deliciousness.
So, gather your family and friends, and join us for a day filled with tasty eats, awesome entertainment, and lots of fun! Don’t miss out—come celebrate, savour, and make memories at the New Zealand Chinese Food & Culture Festival!
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