News | Business
2 Jul 2022 7:33
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Council of Trade Unions economist Craig Renney says the cost-of-living payment announced in the Budget targets the right people at the right time

    Council of Trade Unions economist Craig Renney says the cost-of-living payment announced in the Budget targets the right people at the right time

    22 May 2022
    The Government's announced a package that gives low-income earners an extra $27 a week to ease the pressure of rising costs.

    Mr Renney says the three-month policy is carefully targeted, both in timeframe and demographic.

    He says a tax cut may not have the same effect.

    Mr says the more targeted and timely you can make a tax cut, the better, and this package is immediate, targetting a group that doesn't get anything else.

    © 2022 Newstalk ZB, NZCity


     Other Business News
     02 Jul: Fears more New Zealand cheeses could be in the firing line of a European Union trade deal
     01 Jul: The Reserve Bank has offered a window into the future of building wealth through home ownership
     01 Jul: A new One Roof report suggests the house price gains of 2021 are being wiped out
     30 Jun: A 33-year-old man has been airlifted off a commercial fishing boat off the coast of Christchurch, suffering serious to moderate injuries
     30 Jun: A South Island farmer says sectors only advance by bringing in changes - that are ideally better
     30 Jun: An extra 30-dollars in the pocket this September for Auckland electricity account holders
     30 Jun: A matter of time before small businesses further contribute to inflation
     Top Stories

    RUGBY RUGBY
    The upsets have continued in the women's draw at Wimbledon More...


    BUSINESS BUSINESS
    Fears more New Zealand cheeses could be in the firing line of a European Union trade deal More...



     Today's News

    Entertainment:
    Travis Barker's stepdaughter has thanked fans for their "love and prayers" amid his hospitalisation 7:21

    Business:
    Fears more New Zealand cheeses could be in the firing line of a European Union trade deal 7:19

    Accident and Emergency:
    Bay of Plenty police are searching for the driver of a ute involved in a crash overnight 7:09

    Rugby:
    The upsets have continued in the women's draw at Wimbledon 7:09

    Entertainment:
    James Bond is being "reinvented" and the next movie is "at least two years away" from filming 6:51

    Entertainment:
    Jaime Winstone has confirmed her engagement 6:21

    International:
    Xi Jinping leaves mainland China for the first time in years as Hong Kong marks the halfway point for 'One Country, Two Systems' 4:29

    Entertainment:
    Kid Cudi is praying for Travis Barker amid the drummer's apparent pancreatitis diagnosis 21:51

    Motoring:
    A person has died after being hit by a truck on State Highway One, near Hunterville this evening 21:49

    Entertainment:
    JK Rowling has been defended by Warner Bros after a question about her was blocked at a 'Harry Potter' event 21:21


     News Search






    Power Search


    © 2022 New Zealand City Ltd