The new government's increasing the Working for Families rates. 

The tax credits will rise $8 to $144 after tax for their first child, and by $6 for subsequent children. 

Finance Minister Nicola Willis says there'll be a mini budget December 20th. 

ANZ senior economist Miles Workman told Tim Dower that further spending cuts could be in line to maintain a fiscal balance and eventual surplus. 

He says the previous government increased spending by a very significant amount during Covid-19, and never unwound it despite the economy becoming overheated.

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The new government's increasing the Working for Families rates.  
The tax credits will rise $8 to $144 after tax for their first child, and by $6 for subsequent children.  
Finance Minister Nicola Willis says there'll be a mini budget December 20th.  
ANZ senior economist Miles Workman told Tim Dower that further spending cuts could be in line to maintain a fiscal balance and eventual surplus.  
He says the previous government increased spending by a very significant amount during Covid-19, and never unwound it despite the economy becoming overheated. 
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.