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Story: Taxes

Walter Nash’s 1946 Budget

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Walter Nash’s 1946 Budget

On 1 April 1946 Walter Nash introduced a universal family benefit of 10 shillings (equivalent to $44 in 2021) per child per week. Cartoonist Gordon Minhinnick saw this as a bribe and labelled the bait ‘over ripe tax concessions’.

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New Zealand Herald

by Gordon Edward George Minhinnick

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How to cite this page

Paul Goldsmith, Taxes – First Labour government taxes – 1935 to 1949, Te Ara – the Encyclopedia of New Zealand, https://teara.govt.nz/en/cartoon/21542/walter-nashs-1946-budget (accessed 4 June 2026).

Story by Paul Goldsmith, published 27 October 2009, updated 2 September 2016.