Pensioners, students and families will see all their benefits increased and minimum wage being raised to keep up with Aotearoa's high inflation.
Students will see an extra $20.21 per week for their student loans and allowances.
Couples aged over 65 will receive $102.84 more in total a fortnight and a single person living alone will receive an extra $66.86 each payment.
Family benefits will now be based on the Consumer Price Index (CPI) instead of wages to keep up better with the rate of inflation, increasing by 7.2%.