Superannuation increase in Budget

Senior Citizens Minister, Ruth Dyson. Photo / Paul Estcourt

Budget tax cuts will see superannuation payments rise.

From October 1 net superannuation would increase, with a married couple getting $45.88 a fortnight more with $23.84 for a single person living alone, Senior Citizens Minister Ruth Dyson said.

The increase was additional to annual adjustments.

Other benefits for the elderly included the pre-announced gains New Zealand First won through its confidence and supply agreement with the Government.

They included free off-peak travel on public transport costing $72m over four years and $18m over the same period for an increase in the hearing aid subsidy.

Benefits that could help grandparents included a $24.6m boost to lift the unsupported child's benefit to match foster care allowances from April next year.

There was $446.5m to fund services for vulnerable families and youth which would include elder abuse and neglect services.

- NZPA