Fuel price shock: Who misses out under tax credit boost

Every New Zealander at the moment is feeling the impact of the price of fuel.  

It’s something Finance Minister Nicola Willis has mentioned time and time again.  

She’s also made it incredibly clear that this government won’t make the same mistakes as the last – so, any financial assistance must be targeted, and temporary. 

That’s why she’s announced extra support for low-to-middle-income families. 

From April 7, about 143,000 working families with children will get an extra $50 a week through a boost to the in-work tax credit.  

But, what else could the Government do? What about the rest of the population without kids who are also still struggling to make ends meet? 

Today on The Front Page, Journalist and publisher of The Kākā, Bernard Hickey is with us to break down how a war about 15,000 kilometres away is affecting New Zealand’s economy, and New Zealanders’ wallets. 

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You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

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