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10 May 2024 3:56
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  •   Home > News > Business

    The Finance Minister says the Family Boost scheme isn't exactly as promised pre-election

    The Finance Minister says the Family Boost scheme isn't exactly as promised pre-election


    From July, parents and caregivers can claim back up to 25 percent of childcare costs, to a maximum 75-dollars a week.

    21-thousand families qualify for the full amount.

    Nicola Willis says they'd hoped to reimburse parents every fortnight.

    But she says officials advised their systems weren't sophisticated enough -- and could take three years to improve.

    She says families need relief now, so that was too long to wait -- and instead families will be be reimbursed every three months.

    The programme is expected to cost 723-million over four years, less than projected by National in its pre-election fiscal plan.

    © 2024 Newstalk ZB, NZCity

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