Taxpayers could foot a billion-dollar bill in plans to grant citizenship to NZ residents

Taxpayers may foot a billion-dollar welfare invoice as a part of the Albanese authorities’s plans to grant citizenship to New Zealand residents.

Figures from final week’s finances revealed the transfer to supply citizenship to round 400,000 New Zealand residents would see a rise in authorities funds for companies and advantages of $1.3 billion over the subsequent 5 years from 2022-2023.

Labor’s second finances additionally revealed shifting to transform momentary safety visa holders to everlasting standing was estimated to extend funds by $732.5 million in the identical interval.