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NOTE 3: Transfer payments and subsidies

NOTE 3: Transfer payments and subsidies
2012
Actual
$m 		2013
Previous
Budget
$m 		2013
Forecast
$m 		2014
Forecast
$m 		2015
Forecast
$m 		2016
Forecast
$m 		2017
Forecast
$m
New Zealand Superannuation 9,584 10,243 10,235 10,894 11,495 12,102 12,712
Jobseeker Support and Emergency Benefit -  -  -   1,773 1,867 1,858 1,850
Supported Living Payment -  -  -  1,392 1,435 1,443 1,456
Sole Parent Support -  -  -  1,288 1,341 1,366 1,391
Domestic Purposes Benefit 1,811 1,820 1,738 67 -  -  - 
Invalid's Benefit 1,325 1,321 1,329 53 -  -  - 
Sickness Benefit 775 781 782 32 -  -  - 
Unemployment Benefit 883 881 806 29 -  -  - 
Family tax credit 2,071 2,113 2,047 2,026 1,993 1,950 1,932
Other working for families tax credits 599 595 572 539 521 511 510
Accommodation Assistance 1,195 1,243 1,178 1,191 1,211 1,228 1,244
Income related rents 580 626 637 662 683 719 762
Disability assistance 401 366 385 380 377 376 376
Student allowances 644 602 592 574 536 529 528
Other social assistance benefits 1,288 1,440 1,377 1,328 1,304 1,310 1,323
Total social assistance grants 21,156 22,031 21,678 22,228 22,763 23,392 24,084

Subsidies

KiwiSaver subsidies 688 688 738 748 727 746 777
Other transfer payments
Official development assistance 510 499 502 509 520 547 547
Total transfer payments and subsidies 22,354 23,218 22,918 23,485 24,010 24,685 25,408

From 15 July 2013 the benefit categories Domestic Purposes Benefit, Invalid's Benefit, Unemployment and Emergency Benefit and Sickness Benefit, as well as Widow's Benefit, are being replaced by new benefit categories. These categories are Jobseeker Support and Emergency Benefit, Supported Living Payment and Sole Parent Support.

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