19 May 2005
Hon Ruth Dyson - Minister for Senior Citizens
Older people’s needs recognised in budget
Older people have benefited greatly from a range of initiatives in this year’s budget, says Senior Citizens Minister
Ruth Dyson.
Included in the initiatives:
- Up to 300,000 low income and older New Zealanders will be eligible to have up to $500 deducted from their annual rates
bill under the new rates rebate threshold. $50 million a year is being budgeted to implement this policy.
- An additional $3 million over the next four years will bolster programmes to prevent elder abuse and neglect.
Responsibility for funding these programmes is being transferred from the Department of Child, Youth and Family Services
to the Ministry of Social Development.
- The quality of life for up to 7500 older New Zealanders will improve dramatically following an injection of $17.16
million over the next three years to fund more cataracts operations.
- An additional $1.4 million is being invested over the next four years to increase the funding baseline of New
Zealand’s Retirement Commissioner. The increased funding will allow the Retirement Commissioner to continue to provide
education programmes to improve the personal financial knowledge of New Zealanders so that they are making well informed
decisions about their future financial security.
- District Health Boards will receive a funding boost of around $71 million to address movements in inflation and
population growth and to ensure they are fully funded for the services, both residential and home based, that they
already provide for older people.
- From 1 July 2006, an allocation of more than $6 million per year will extend eligibility to the higher Single Rate of
New Zealand Superannuation to all married superannuitants with a partner in long-term residential care. The funding will
also extend eligibility for the Living Alone Payment to married superannuitants, so long as they meet other criteria.
This initiative will result in approximately 2000 superannuitants becoming entitled to the higher Single Rate of NZ
Super and, if they qualify, a Living Alone Payment. The partner in long-term residential care will continue to receive
the married rate of NZ Super.
- Thousands of Government Superannuation Fund recipients will have their incomes lifted as a result of proposed
amendments to the GSF scheme. $10.2 million is being allocated over three years for this initiative.
- $258,000 has been allocated from within existing baselines over the next two years to fund the development of a code
of practice for home equity release schemes in order to better protect older people’s financial interests.
- More than $690,000 over four years is being allocated to increase pay rates for people who deliver home help under the
Ministry of Social Development’s Home Help Programme. Under this programme, financial assistance is provided to nearly
6,000 clients annually to purchase temporary part-time assistance to complete tasks around the home.
Ruth Dyson said these initiatives are the latest in a raft of policies to support older New Zealanders that the
government has progressively implemented from its first year in office.
"We have lifted NZ Super levels and set up the NZ Super Fund. We are phasing out asset testing on older people in care
from 1 July. We have greatly reduced doctors’ fees for superannuitants. And we have passed comprehensive legislation
protecting the interests of older people in retirement villages," she said.
ENDS