How much is The cost of living payment

2022 - 7 - 31

Post cover — Image courtesy of "Newshub"

Cost of living payment explainer: When your money will turn up ... (Newshub)

Kiwis will find their money directed to their bank account if they earn $70,000 or less and are not entitled to receive the Winter Energy Payment. The payment ...

Veges, nappies and a warm coat: Cost of living payment will be ... (Stuff.co.nz)

Eligible Kiwis will start to receive their first $116 Government payment on Monday. For many, it's a drop in the bucket and already spent.

I’m sure that the petrol companies and grocery companies are making a good living out of us whilst we’re suffering.” “You know, food, nappies, pretty much the essentials for my son.” And those articles are free. Meanwhile, Etu Tokotaua will be spending some of the money on a meal out with his friend. “I’m finding I’m actually struggling at the moment just to be at work to support my family, I have to be at work everyday so that we can have that roof over our head and be able to get the food that my baby needs.” She thought she should be eligible for the payment which she’d spend on the basics: “probably fruit and vegetables to be honest”.

Prime Minister Jacinda Ardern says a reduction in spending having ... (New Zealand Herald)

On Q+A she said global causes and factors were instead driving inflation.

"You'll see that we've tried to be agile to the circumstances we see and we'll continue to see what impacts these are having on New Zealanders and do what we can, we have a way to go with getting the food costs down which is another big project for us." "The opposition coming at us and saying that their response would be to see a reduction, that is a reduction in education, health care, law and order – very much where those significant investments have been about maintaining and growing services New Zealand relies on." "The responsibility we have is to help New Zealanders get through it and that's where you'll see that we've been so squarely focused on where we can take that pressure off. "The advice that we got from Treasury is that because it was time limited and targeted would lessen the potential impact on inflation," she said. She said the government has a willingness to do what is needed to take the pressure off Kiwis and would continue to do so if inflation continued to rise. Prime Minister Jacinda Ardern has said she'd be prepared to take an "honest" look into the drivers of inflation in New Zealand but reiterated that the country is in company with the rest of the world.

Expat Kiwis who get cost of living payment in error won't be chased ... (Stuff.co.nz)

New Zealanders living overseas have reported receiving emails from Inland Revenue to say they would receive the payment.

Kiwis who weren’t in paid work in New Zealand during the 2021/22 tax year could also receive the payment if they had income from bank interest. "For e-mails, the easiest way to tell if an e-mail is a scam is to hover over the address it has come from to check if that address includes ‘govt.nz’. If it does, it will be from us." "It is possible that, for a number of technical reasons, there will be people who didn’t expect to get the cost of living payment, who are eligible to receive the first of the three payments due tomorrow," the spokesperson said. If someone has left the country, and hasn’t told Inland Revenue they’re not living in New Zealand, Inland Revenue will treat them as resident, and they may receive the cost of living payment, the spokesperson said. Inland Revenue says it won't proactively chase Kiwis living overseas who may receive the Government's cost of living payment in error. An Inland Revenue spokesperson said it had based its payment on the information it held at the time of making each cost of living payment.

Cost of Living support payment to reach over 2 million New ... (The National Tribune)

From 1 August an estimated 2.1 million New Zealanders will be eligible to receive the first targeted Cost of Living Payment as part of the.

Approximately 478,000 households with children and 610,000 households without children are expected to receive the payment. “We moved quickly in March to reduce fuel prices, and cut public transport costs – recently extending those cuts out until the 1 Jan next year. If they’re registered for voice ID, they can do this 24/7 and there is no wait time. “The new Cost of Living Payments will help kiwis through the peak of the global inflation storm, providing an extra $116 per month for August, September and October, helping with household bills, filling up the car, the weekly grocery shop and heating throughout winter. “The Government is providing significant additional cost of living support as the ongoing war in Ukraine, issues with global supply chains, and COVID continues to drive up global inflation making it tough for New Zealanders right now,” Jacinda Ardern said. From 1 August an estimated 2.1 million New Zealanders will be eligible to receive the first targeted Cost of Living Payment as part of the Government’s plan to help soften the impact of rising global inflationary pressures affecting New Zealanders, Prime Minister Jacinda Ardern says.

Opposition says Govt warned as overseas Kiwis could get $350 ... (1 News)

National's Nicola Willis told 1News she's received dozens of messages from offshore Kiwis saying they have been contacted about the cost of living payment.

"Some of the information IRD holds may not be up to date. 1News approached Finance Minister Grant Roberston for comment. "It is possible that, for a number of technical reasons, there will be people who didn’t expect to get the cost of living payment, who are eligible to receive the first of the three payments due tomorrow. The payments were announced as part of Budget 2022 in an effort to reduce the burden of the rising cost of living. This would mean some people who receive the payment may not, and conversely, some people who received the payment should not have," part of the document reads. The first of three $116 instalments from the Government to help with the cost of living is due tomorrow.