Calls for a more targeted approach to tackle the cost of living crisis.

On Monday, the Government makes the first of three $116 payments to those earning less than $70,000.

It was the flagship announcement in the Budget, designed to help Kiwis hit hardest by the record-high cost of living.

But financial adviser Liz Koh told Heather Du Plessis-Allan it should have been targeted to the poorest Kiwis.

“We need to be helping people who are really at that end of the spectrum or they’re struggling to just have a basic standard of living, and there’s an increasing number of them.”

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