New Zealand could become one of the first developed countries to introduce a Citizen’s Income.

The Independent reports that

‘New Zealand could become one of the first developed countries to scrap benefits and introduce a basic citizens’ income.

Leader of the opposition Andrew Little said his Labour party was considering the idea as part of proposals to combat the “possibility of higher structural unemployment”.

Citizens’ income, also known as Universal Basic Income (UBI), involves a basic, unconditional, fixed payment made to every person in the country by the state in lieu of benefits.’

To read the article, click here.

Footnotes

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.