"Nearly 150,000 New Zealand families will soon receive a weekly cash payment to help them afford petrol, in what is believed to be the world's first fuel relief package that directly pays citizens since the Iran war began."
"The increase will be temporary, lasting for one year from 1 April, or until the price of 91 octane petrol drops below $3 a litre for four consecutive weeks."
"Willis said the policy was targeted to families in the squeezed middle - parents who were working, not eligible for benefits and had modest household incomes."
"We cannot control global oil markets or international conflicts, but we can soften the impact on working families who cannot easily avoid higher fuel costs by delivering support in a responsible and well-targeted way."
The New Zealand government will implement a fuel relief package, providing weekly payments to approximately 150,000 families to help with rising petrol costs. Families with children will receive an additional NZ$50 weekly through an increase in the in-work tax credit. The temporary measure will last for one year or until petrol prices drop below NZ$3 per litre for four consecutive weeks. The initiative aims to support working families facing financial strain due to increased fuel prices, although some citizens may feel excluded from the relief.
Read at www.theguardian.com
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