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Peters pitches $45,000 incentive for families to have three children
The policy would pay parents $5,000 a year for three years and cost about $400 million over three years, the party said.
- At a public meeting in Masterton on Sunday, New Zealand First leader Winston Peters announced the 'Kiwi Kids Grant,' proposing to pay parents $5,000 annually for the first three years of a child's life.
- Peters declared the country faces a 'population precipice,' arguing the government must lower costs for families to encourage Kiwis to have more children before it is 'too late.'
- The policy, costed at $400 million over three years, would be funded through operating baselines and administered by the Inland Revenue Department, requiring one parent to be a New Zealand citizen.
- ACT leader David Seymour questioned the proposal's efficacy, noting other countries failed to boost births through incentives; Peters admitted costs could rise 'because it might be such a roaring success.'
- Sociologist Paul Spoonley remains skeptical the plan will succeed, citing international evidence that financial incentives rarely reverse fertility declines permanently. New Zealand First also confirmed former Defence Minister Ron Mark is returning to stand for election.
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Leaning Left3Leaning Right0Center3Last UpdatedBias Distribution50% Left, 50% Center
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- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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