Latest / The Kākā by Bernard Hickey
Fixing child poverty would cost <1% of GDP
Kia ora. Long stories short, here’s my top six things to note in Aotearoa’s political economy around housing, climate and poverty on Monday, September 23:
* The Government was advised in the Budget process that sticking to Labour’s child poverty reduction targets would cost $3 billion, which is less than 1% of GDP and about the same as the cost of tax reductions for landlords, but Social Development Minister Louise Upston said the extra spending wasn’t ‘realistic’. NewstalkZB
* In scoop of the day, David Seymour secured a $30 million funding boost in the Budget for his new Regulation Ministry…
The skinny
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