CORRECTCunliffe announces half billion dollar baby bonus; keeps a billion up his sleeve

Mon, 27 Jan 2014

(corrects figure in headline) By Pattrick Smellie Jan 27 (BusinessDesk) – Labour leader David Cunliffe has opened his party’s election year appeal to voters with a half billion dollar package of measures aimed at babies and infants, with a $60 weekly payment for all but the wealthiest households. The announcements leave Cunliffe with around $1 billion to spare for policy initiatives yet to be announced after his confirmation last week that Labour will drop its plans to exempt fresh produce from GST and not to tax the first $5,000 of every ea...

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