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# Faces of the Day
- URL: https://goodoil.news/faces-of-the-day-109/
- Published: 2022-07-31T18:30:00.000Z
- Updated: 2022-07-31T11:00:31.000Z
- Author: Good Oil Staff
- Tags: Economy, NZ, NZ Politics, #wp, #wp-post, #Import 2024-07-16 23:04

The Labour Government’s Cost of Living payment begins rolling out today.

To receive this payment you are required to be residing in New Zealand. But, it seems a number of ex-pats have been notified they’ll receive the handout. And **IRD says it won’t be pursuing payments made by mistake.**

The **payment of $350 over three months** ($116.66 per month) for those eligible will do little to offset price increases; however, the scheme is costing $816 million, of which IRD receives $16 million for **700 staff to implement the payments**.

This token payment makes little sense, but, then, perhaps Labour isn’t measuring the cost-benefit analysis in terms of ‘financial’ assistance terms.

Read more [here](https://www.1news.co.nz/2022/07/31/opposition-says-govt-warned-as-overseas-kiwis-could-get-350-payment/?ref=goodoil.news). Discuss it on *The BFD.*

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