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1 Jul 2025 4:16
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  •   Home > News > Business

    The Finance Minister says changes to the FamilyBoost scheme are on their way - after Cabinet made decisions today

    The Finance Minister says changes to the FamilyBoost scheme are on their way - after Cabinet made decisions today

    30 June 2025
    The Government previously said it would announce changes to the childcare tax policy, in June.

    It's been admitted the number of families initially thought eligible was wrong.

    Nicola Willis says there are two changes, and they apply to fees incurred from tomorrow - with claims able to made from October.

    She says the first is to increase the amount of rebate - so people on low and middle incomes with lower rates of fees will be able to get a bigger rebate.

    Willis says the second is to reduce the abatement rate - so families earning more than 140-thousand dollars will be able to claim a bit more.

    © 2025 Newstalk ZB, NZCity


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     Today's News

    Rugby:
    All Blacks coach Scott Robertson' laying down a statement of intent to start the first test week of the year 21:57

    Law and Order:
    The jury has retired to consider its verdict - in the trial of Erin Patterson, in Australia's Victoria 21:17

    Business:
    China's EV newcomer Xiaomi sells nearly 300,000 SUVs in an hour 20:17

    Tennis:
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    Netball:
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    Law and Order:
    A 31-year-old man's in custody - in connection to a homicide investigation into a man's death, after being found critically injured in Auckland's Otahuhu 18:07

    Business:
    Transpower's dispelling worries Kiwis might not have enough power next winter 18:07

    Rugby:
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    Education:
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    Tennis:
    Tennis world number two Carlos Alcaraz is determined to hit the ground running as his quest for a third straight Wimbledon crown gets underway overnight 16:57


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