In November 2011 the government announced that a long-term fiscal liability focus, or ‘investment approach’, would underpin its future welfare reform programme.[i]
Footnotes
[i] go to main content Alex McKenzie, Social Assistance Chronology 1844–2022: A historical summary of social security benefits, war pensions, retirement pensions, taxation measures, family assistance, housing assistance, student support and labour market programmes (as at April 2022), Ministry of Social Development, pp. 551-553. Social Assistance Chronology – a chronology of social assistance policy and programmes in New Zealand – 1844 to 2023 - Ministry of Social Development (msd.govt.nz)