A $350 cost of living payment announced in the Budget on Thursday has been described as a token gesture by some Kiwis eligible to receive it. Read: https://bit.ly/3sMV4mf | Subscribe to our channel: https://bit.ly/2JPg8oB Finance minister Grant Robertson announced the 2022 Budget would include a new temporary cost of living payment which would see adults earning up to $70,000 receive an extra $27 per week over a three-month period. Those eligible will be paid in three monthly instalments from August 1, in an effort to help families cope with a 30-year-high inflation rate. READ MORE: https://bit.ly/3sMV4mf _________________________________________________________________ Stuff is New Zealand's largest and most popular news site. With more than 500 journalists spread from Northland to Southland, we cover breaking news, politics, business, sport, crime, the environment, health, education, home and property, food, lifestyle, entertainment, weather, travel, technology, motoring, farming and much more. As well as covering the stories of the day, we specialise in investigative journalism, opinion and analysis, and long-form writing and visual storytelling. ----------------------------------------------------------------------------------------------------- Social media channels: TikTok: / nzstuff Twitter: / nzstuff