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% on benefits during Covid almost as high as the GFC
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67,000 more Kiwis on Jobseeker Support than officially unemployed
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11% of working-age Kiwis (1 in 9) are now on a main benefit
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12% of 18-24 year-olds on benefits. Twice as many on Jobseeker Support as the unemployment rate.
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Core Crown Expenses by Class over 50 years
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NZ Govt forecast to exceed 2021 budget by $11 billion additional tax (+12%) & $17 billion expenses (+16%)
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NZ’s 50:10 (and 10:50) income tax rule
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$150k incomes pay 5x more income tax than those on $50k
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Incomes have grown faster than food prices over the last 20 years
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