The formal New Zealand Gazette notice which sets the targets for reducing child poverty is copied below.
See Child poverty reduction and wellbeing legislation for further information on the targets and measures.
Notification of setting of targets under the Child Poverty Reduction Act 2018
In accordance with section 23 of the Child Poverty Reduction Act 2018, the Minister for Child Poverty Reduction hereby gives notice of the targets for reducing child poverty:
* Targets for persistent poverty are required only for and after the financial year commencing on 1 July 2025 (Schedule 1, clause 4).
"Target rate" refers to the percentage of children living in households that are deemed to be in poverty on that measure, in the final financial year of the relevant target period.
The target rates should be understood in light of the sampling errors that apply to child poverty estimates as set out in Statistics New Zealand’s report for the relevant financial year under section 30 of the Act.
Dated at Wellington this 22nd day of May 2019.
RT HON JACINDA ARDERN, Minister for Child Poverty Reduction.
Note: The targets for reducing child poverty are available on the DPMC website (www.dpmc.govt.nz).
The three year target rates are set to one decimal place to align with the baseline rates that Statistics New Zealand included in their official tables (reported to one decimal place). See the baseline rates published by Statistics New Zealand.
The three year target rates have been rounded for wider communications purposes. (We note that 10.5% has been rounded to 10% for communications to align with Stats NZ reporting on baseline rates, which rounded 16.5% to 16%.)