Gareth Morgan wants to pay every young person $200 a week with youth UBI

Gareth Morgan wants to pay every young person $200 a week with youth UBI

Gareth Morgan argued that targeted welfare payments were needlessly complex, resulting in greater costs and many not claiming the benefits they were entitled to. Gareth Morgan’s The Opportunities Party is proposing a youth Unconditional Basic Income which pays everyone aged 18-23 $200 a week.

The $200 payment – which would be after tax – worked out to about $10,000 a year, and would go to everyone regardless of income or whether or not they were studying. Unlike other benefits it would not drop off if a young person moved into employment.

It would replace the student allowance, which currently is tied […]

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