Govt should defuse NZ's social timebomb – but won't

Govt should defuse NZ's social timebomb – but won't

Analysis: As the coalition Government’s second Budget approaches, we should question where New Zealand is heading. The 2024 Budget laid out the strategy. Tax cuts and landlord subsidies were prioritised with a focus on cuts to social and infrastructure spending. Most of the tax package went to the well-off, while many low-income households got nothing, or very little.Even the tiny bit of the tax package directed to low-income people fell flat. F…