Govt pushing ahead to index benefit rates to inflation
Morning Report
English - February 14, 2024 19:42 - 3 minutes - 3.44 MB - ★★★★ - 11 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The Government is pushing ahead with its plan to index benefit rates to inflation, a move forecast to save it 670 million dollars over the next four years.
In 2019, the Labour-led government linked benefit increases to wage growth, which is typically higher.
A bill which would cement the change was debated at Parliament on Wednesday, but Opposition MPs are arguing the debate was unfairly cut short.
Political reporter Katie Scotcher reports.