close
MENU
2 mins to read

Westpac: Labour's minimum basic income idea could be a goer

Bank's chief economist says basic minimum income idea is worth a close look. With special audio feature.

Jenny Ruth
Mon, 21 Mar 2016

Westpac’s chief economist says the Labour Party’s proposal to provide everybody over 18 with a minimum income of at least $200 a week has some merit and could end up costing the government less than the current welfare system.

Labour is considering adopting such a minimum income scheme and a

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Smartphone Only Annual Subscription

NZ$249.00 / yearly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Subscription

NZ$29.95 / monthly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jenny Ruth
Mon, 21 Mar 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Westpac: Labour's minimum basic income idea could be a goer
56645
true