The Labour Party is looking into the introduction of a universal basic income to replace existing welfare and benefits - and is looking to their UK counterparts for help. 

LISTEN: Grant Robertson on the Universal Basic Income

MORE: Andrew Dickens - Labour, up your game

The unconditional income is already being considered or implemented through pilots by a number of other countries.

Co-leader of the network promoting universal basic income, Professor Guy Standing told Mike Hosking it's a modest way of addressing the growing inequality all countries are facing.

Standing said the payments would have no high income wage cap, but would instead be addressed through taxes. 

LISTEN TO THE FULL INTERVIEW ABOVE