New Zealand Boosts Support for Working Families Amid Rising Fuel Prices

A bill has passed in Parliament providing temporary financial support to about 157,000 low-to-middle income working families affected by rising fuel prices due to the Middle East conflict, including a $50 weekly boost in the in-work tax credit starting April 7. The legislation also revises tax rules, such as thin capitalisation, to attract more foreign investment, particularly for infrastructure projects, while introducing measures to support startups, employee share schemes, new migrants, and digital nomads. These changes aim to strengthen New Zealand’s economy by helping households, encouraging business growth, and making the country more attractive for work, investment, and family life.