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The Ministry of Social Development ( MSD; Māori: Te Manatū Whakahiato Ora) is the public service department of New Zealand charged with advising the New Zealand Government on social policy, and providing social services. MSD is the largest public service department, employing public servants in over 200 locations around New Zealand.
The package, which commenced operating on 1 April 2005, has three primary aims: to make work pay; to ensure income adequacy; and to support people into work. It replaced the system known as Family Support as well as the child components of the main social welfare benefits.
Domestic Purposes Benefit. The Domestic Purposes Benefit ( DPB) was a social welfare payment in New Zealand 's social security system, primarily given to single parents with dependent children. It, along with all other benefit payments, was managed by Work and Income, under the Ministry of Social Development.
In 2004, the New Zealand Labour government introduced the Working for Families package as part of the 2004 budget. The package, which effectively commenced operating on 1 April 2005, had three primary aims: to make work pay; to ensure income adequacy; and to support people "into work". The main component resembles the United Kingdom Working Tax ...
The New Zealand Superannuation Fund (Māori: Te Kaitiaki Tahua Penihana Kaumātua o Aotearoa) is a sovereign wealth fund in New Zealand.New Zealand currently provides universal superannuation for people over 65 years of age and the purpose of the Fund is to partially pre-fund the future cost of the New Zealand Superannuation pension, which is expected to increase as a result of New Zealand's ...
In New Zealand, Jobseeker Support, previously known as the Unemployment Benefit and also known as "the dole" provides income support for people who are looking for work or training for work. It is one of a number of benefits administered by Work and Income , a service of the Ministry of Social Development.
Income Support Service became Work and Income New Zealand (WINZ) (Te Manatū Whakahiato Ora) Children, Young Persons and their Families Agency became Child Youth and Family Service (Te Tari Awhina i te Tamaiti, te Rangatahi, tae atu ki te Whānau) the remainder of core services became part of the Ministry of Social Policy.
In FY 2014, New Zealand's investment income from the rest of the world was NZ$7 billion, versus outgoings of NZ$16.3 billion, a deficit of NZ$9.3 billion. The proportion of the current-account deficit that is attributable to the investment income imbalance (a net outflow to the Australian-owned banking sector) grew from one third in 1997 to ...
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