Susan St John: Economics professor says Working For Families abatement thresholds have fallen behind and should increase
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
An economics professor says Working For Families abatement thresholds have fallen behind and should increase.
The Government lifted the abatement threshold in 2017, from a little more than $36,000 to $42,700.
But wage growth has pushed many families over the limit for receiving it.
Auckland University associate economics professor Susan St John told Kate Hawkesby an increase between $52,000 and $55,000 would be realistic.
She says it's very serious; more and more families are unable to balance budgets, and are at food banks.
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