Bankers Take Back-Door Route to Screw NZ Beneficiaries: Indexing Welfare to Wages to Unemployment to the OCR?
The NZ Government’s planned pegging of welfare benefits to wage increases from April 2020 hides a sleight of hand. The spin that accompanied the Ardern Coalition Government’s Wellbeing Budget made it seem like beneficiaries were getting increases to redress the deep cuts to welfare inflicted in 1991. However, the Ministry […]
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