May 23, 2021 • 6 mins
Budget 2021 has finally arrived - but what does it mean for the average Kiwi?
The headline of Budget 2021 is an up to $55 per week increase in main benefits rates – a move the Government is expecting to lift between 19,000 and 33,000 children out of poverty.
Drug-buying agency Pharmac got a $200 million increase as Labour delivered on its election pledge to increase the funding.
The Government has also earmarked $380 million of new funding towards a Māori housing package, expected to deliver another 1000 homes for Māori across the country.
Prime Minister Jacinda said this week's Budget would set New Zealand up to both recover from Covid-19, and be "stronger than when we entered the pandemic".
NZ Herald political reporter Jason Walls joined Francesca Rudkin to unpack the big ticket items and what happens next.
LISTEN ABOVE
The headline of Budget 2021 is an up to $55 per week increase in main benefits rates – a move the Government is expecting to lift between 19,000 and 33,000 children out of poverty.
Drug-buying agency Pharmac got a $200 million increase as Labour delivered on its election pledge to increase the funding.
The Government has also earmarked $380 million of new funding towards a Māori housing package, expected to deliver another 1000 homes for Māori across the country.
Prime Minister Jacinda said this week's Budget would set New Zealand up to both recover from Covid-19, and be "stronger than when we entered the pandemic".
NZ Herald political reporter Jason Walls joined Francesca Rudkin to unpack the big ticket items and what happens next.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Mark as Played
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
Death, Sex & Money
Anna Sale explores the big questions and hard choices that are often left out of polite conversation.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.