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Security (Benefits Adjustment) and Income Tax (Minimum Family Tax Credit) Amendment Bill

Introduced on Feb 13. The bill changes the way increases in main welfare benefits are calculated from adjustments in line with average ordinary time weekly earnings to changes in the Consumers Price Index. Introduced under Urgency with the first and second readings completed on Feb 13, the committee stage on Feb 15 and third reading on Feb 20. Passed with National, Act and NZ First in support.

 

Social Security (Benefits Adjustment) and Income Tax (Minimum Family Tax Credit) Amendment Bill