• Watch Live: Wellbeing Budget 2022

Watch Live: Wellbeing Budget 2022

KEY POINTS:
• An emergency $1 billion cost of living package, giving a one-off payment of $350 to 2.1 million people.
• The package also extends the 25c a litre fuel tax cut and half-price public transport for another two months.
• An $8 billion increase in health spending, including $71m for Pharmac to buy more cancer drugs and more money for ambulances and rebuilding run-down hospitals.
• Schools get $777m in capital investment for new classrooms and the decile system will be scrapped.