NEW ZEALAND: Opportunities Party Proposes UBI Policy for Youth

NEW ZEALAND: Opportunities Party Proposes UBI Policy for Youth

Pictured: Gareth Morgan, leader of New Zealand’s The Opportunities Party; Credit to: Henry Cooke, Stuff

New Zealand’s The Opportunities Party (TOP), founded last year by businessman and economist Gareth Morgan, has launched a three-stage policy proposal to implement UBI for families with young children, the elderly and youth ages 18 to 23. This policy proposes youth receive $10,000 per year for the first 5 years in their transition to adulthood.

In mid-July, TOP proposed UBI for youth aged 18 to 23 transition into adulthood. Under the proposal, each youth would receive $10,000 per year, divided into weekly payments […]

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