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# Policies of the Day
- URL: https://goodoil.news/policies-of-the-day/
- Published: 2023-10-01T17:30:00.000Z
- Updated: 2023-10-01T03:58:42.000Z
- Author: Good Oil Staff
- Tags: Economy, Education, Election 2023, NZ Politics, Politics, #wp, #wp-post, #Import 2024-07-16 22:07

Yesterday the Green Party released its main policies, including income, housing and climate change. Its income and tax plans include:

- $385 a week guaranteed for students and anyone looking for work, with an extra $135 each week if you are caring for kids at home on your own.
- Top-ups for whanau: up to $215 a week for the first child and $135 a week for other children, plus a universal payment of $140 a week for every child under three
- At least 80 per cent of the minimum wage for everyone out of work because of a health condition or disability
- No tax on the first $10,000 of your income
- Pay less tax if you earn less than $125,000 a year
- A 2.5 per cent wealth tax on the value of assets over $2 million for individuals or $4m for couples, after debt and mortgages
- Returning the corporate tax rate to 33 per cent
- A new rate of 45 per cent on income over $180,000*[RNZ](https://www.rnz.co.nz/news/political/499150/election-2023-green-party-unveils-policy-priorities-and-fiscal-plan-review?ref=goodoil.news)*

Rent caps and building houses in order to clear the current waiting list during the next five years are also in the mix.

Meanwhile, Labour released its education policy, including:

> \[…\] **two million free hours of maths and literacy catch up for intermediate and secondary students whose education has been disrupted by the pandemic,** as well as its manifesto with its 10-point cost of living plan.  
>  
> Here is a breakdown of the policy:   
>  
> *[Stuff](https://tkr.ro/e/EGRqynjyDkdOsL2Q?ref=goodoil.news)*

Discuss it on the *BFD.*

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