Budget 2020: Some hits and misses

Craig McCulloch  Wellington, May 14, 2020 The Budget is notably absent of ‘helicopter cash’ initiatives or further significant increases in welfare payments. In March, the government boosted most benefits by $25 a week. Budget 2020 also increases the rates of foster care allowance and orphan’s benefit by the same amount. Almost $80 million has been committed to social services, of…

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Robertson delivers extraordinary Budget targeting recovery

But rising debts and unemployment are real challenges Venkat Raman Auckland, May 14, 2020 Finance Minister Grant Robertson has delivered a Budget which sets an ambitious path to economic recovery on the face of the devastation that the country has suffered under Covid-19. Introducing Budget 2020, officially called, ‘Appropriation 2020/2021 Bill’ to Parliament this afternoon, he said that the proposal…

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