New Zealand PM Defends Cost-of-Living Support Amid High Fuel Prices

Christopher Luxon has spoken about the rising cost of living and how his government plans to help people during this difficult time.

He said that New Zealand cannot control global energy prices, but it is important to support people who are most affected. According to him, the conflict in West Asia is one of the main reasons fuel prices are going up. This is making daily life more expensive for families and also increasing costs for businesses.

Luxon also warned that the government must be careful with spending. He said that giving too much support to everyone could increase inflation and lead to more national debt. Instead, the government wants to focus on helping those who need it the most.

To reduce the financial burden, the government has announced several support measures. From next month, low- and middle-income families will receive an extra $50 every week through a temporary increase in the in-work tax credit. This support will continue for up to one year or until fuel prices come down.

In addition, the government plans to increase payments for elderly people, families, students, and those who depend on benefits. These steps are meant to help people manage their daily expenses during this period of high costs.

Officials say the goal is to provide relief in a balanced way—helping citizens while also keeping the country’s economy stable and avoiding long-term financial problems.