New Zealand's Finance Minister misses deadline to fix FamilyBoost, finds no one got full tax cut.

New Zealand's Finance Minister Nicola Willis missed the June deadline for fixing the FamilyBoost program, a cost-of-living support measure criticized as ineffective. The ministry also failed to find any families receiving the full promised $250 tax cut. However, recent updates to the childcare tax policy will now benefit lower middle-income families, allowing them to claim higher rebates starting in October.