Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Benefits And Super To Increase From April 1

Payments for beneficiaries and superannuitants will increase by between about $2 and $7 a week from 1 April, Social Services and Employment Minister Steve Maharey said today.

Benefit payments, student allowances, NZ Superannuation/Veteran’s Pension and war pensions all increase from 1 April as part of the annual cost of living adjustment.

The increase of 1.82% in the net rates equates to the increase in the cost of living for the year to December 2001, as measured by the Consumer Price Index (CPI).

“The rise will help ease some of the financial pressures that beneficiaries and others have been under recently. Not only do the main benefits and payments go up, but a range of supplementary allowances such as the Accommodation Supplement and the Child Disability Allowance will also increase.

“Examples of the increases in the after-tax weekly rates are:

- for an unemployed person or a full time student living away from home and aged over 25, up $2.81 to $157.37;

- for a married couple on the Unemployment Benefit with no children, up $4.68 to $262.26;

- for a single person over 18 receiving the Invalids Benefit, up $3.52 to $196.70;

- for a sole parent with one child, up $4.03 to $225.40;

- for a married couple who both qualify for NZ Superannuation, up $6.56 to $367.38; and,

- for a single person aged 18-19 years living at home, up $1.88 to $104.91.

“The net fiscal cost of these increases each year over the next two years is about $160 million a year,” Steve Maharey said.

Ends


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Supreme Court: Worksafe Decision On Whittall Pike River Prosecution Unlawful

The question in issue on the appeal was whether WorkSafe New Zealand acted to give effect to an unlawful agreement of this nature when it offered no evidence on charges against Peter William Whittall for breaches of the Health and Safety in Employment Act 1992...

The Supreme Court... has found that the decision to offer no evidence was made under an unlawful agreement to stifle prosecution. It has granted a declaration to that effect. More>>

 

Cullen To Chair: Tax Working Group Terms Of Reference Announced

Finance Minister Grant Robertson and Revenue Minister Stuart Nash today announced the Terms of Reference for the Tax Working Group and that the Group will be chaired by Sir Michael Cullen. More>>

ALSO:

Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them. More>>

ALSO:

Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>

ALSO:

Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>

ALSO:

Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>

ALSO:

Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election