Economist warns costs of benefit changes will outweigh gains
An economist argues that proposed benefit changes would shift money from poor households to the crown at greater overall cost.
An economist has warned that the government's planned benefit changes would be financially counterproductive. The changes are characterised as mean-spirited, with the assertion that they would ultimately shift money from poorer New Zealanders to the crown rather than deliver the intended savings.
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Economist warns costs of 'mean-spirited' benefit changes will outweigh the gains
Shamubeel Eaqub says the move would shift money from the poor to the crown.