Budget Highlights and Lowlights

  • Benefits up $32 to $55 a week
  • Student allowances up $25 a week
  • $200 million for Pharmac
  • Maori Housing to get 1,000 new homes, 700 repaired homes
  • $100 billion of borrowing for next five years
  • Net crown debt to hit 48% of GDP
  • No surplus until at least 2027

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