We will also provide short-term targeted support to low and middle income New Zealanders through a $350 cost of living payment, across three monthly instalments from August 1. This works out to about $27 per week for an estimated 2.1 million New Zealanders. This payment will be available to people aged 18 and over who earn below $70,000 per annum, based on last year's tax data, and who are not eligible for the winter energy payment.