Auckland Youth Fear Budget Cuts Will Force Them Overseas

Aucklanders Voice Concerns Over 2025 Budget's Impact on Young Families Auckland, New Zealand – The recent 2025 budget has sparked widespread concern among Auckland's young families and individuals, with many expressing anxieties about the financial implications of proposed changes. The New Zealand Herald conducted street interviews to capture public sentiment. Changes to the Best Start payment, which will now be means-tested, are a major point of contention. "It's kind of sad for people who don't really have much income," said one young parent, who chose to remain anonymous. The parent also voiced concern about the impact on their ability to provide for their child. Concerns also surround the government's decision to halve its annual KiwiSaver contribution and freeze the student loan repayment threshold. Interviewees expressed fears about the long-term consequences of these measures, with one young man stating, "I think it's just a lot harder on the future generation. It's going to be a lot harder…just buying a house and all that kind of stuff." The looming prospect of a 5.4% increase in house prices by 2026 further exacerbates these anxieties. While the government maintains that these adjustments are necessary for fiscal stability and to encourage savings, the interviews reveal a palpable sense of unease among young Aucklanders. The budget's impact on their financial well-being and future prospects is a significant concern.