Peters pitches $45k incentive for families to have three children

New Zealand First leader Winston Peters has announced a campaign policy proposing a $45,000 financial incentive for families who have three children. The proposal involves tax-free payments of $5,000 per year for each of a child’s first three years of life.

The incentive would apply to up to three children born after the policy is implemented. The measure is intended to be a central part of the party's upcoming election campaign platform.