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flag New Zealand's FamilyBoost policy fails to meet expectations, with only 249 families receiving the full rebate.

flag New Zealand's FamilyBoost policy, aimed at helping families with childcare costs, has fallen short of expectations. flag Only 249 families received the full $975 rebate in the third quarter, compared to the initial estimate of around 21,000 families. flag Finance Minister Nicola Willis admitted that the policy's modeling was flawed due to unreliable data on childcare costs. flag The government plans to expand eligibility and simplify the process after the May budget. flag Critics argue the current policy is too complex for busy parents, requiring them to keep invoices and make claims retrospectively.

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