Budget 2021: What you need to know - News Summed Up

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Budget 2021: What you need to know


File Photo: Getty ImagesFinance Minister Grant Robertson is delivering his "wellbeing Budget" today. Here are the 10 things you need to know. WELFARE AND FAMILIES: Benefits will increase by between $32 and $55 a week, while student living support will go up $25 a week. MĀORI HOUSING: $380m for 1000 new homes for Māori , repairs for 700 Māori –owned homes; ring-fencing $350m of the $3.8b housing fund announced in March for at least 2700 Māori homes. GROWING THE PIE: Economic growth expected at 2.9 per cent for this year, then to 4.4 per cent for 2023.


Source: Otago Daily Times May 20, 2021 02:15 UTC



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