The Herald reports:It comes as Peters unveils new election policy proposing to create a “Kiwi Kids Grant” for parents, one of whom must be a New Zealand citizen, for their first three children. The grant would be worth $5000 per child for each of their first three years, meaning families could receive up to $45,000 in total. Falling birthrates is a concern, but there is zero chance that splashing out money like this will increase the fertility rate. In Hungary they had a policy where a mother who has three children is exempt from income tax for the rest of her life. That is worth a lot more than a one off grant for three years.