Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Families under more pressure as power, food prices rise

Families under more pressure as power, food prices rise

Higher power prices, housing costs and food prices are behind today’s inflation rise, putting already stressed families under renewed pressure, the Green Party said today

“Families are facing rising costs from food, power, and mortgages, or rents; and most are getting no wage increases,” Green Party Metiria Turei said today.

Statistics New Zealand said today the Consumer Price Index rose 0.3 percent in the June quarter, lifting the annual inflation rate to 1.6 percent. Power prices in the quarter rose 4.2 percent.

“Economists forecast that another interest rate rise is a virtual certainty this month, which will be the fourth hike since March,” Mrs Turei said.

“Workers, whether tenants or home owners, are copping it on all fronts.

“Just yesterday, Ministry of Business, Innovation and Employment data showed average residential electricity prices for the year ended March 2014 were 2.3 percent higher than for the previous year.

“They are now 22 percent higher than when National came to office.

“This month’s Household Income Survey showed that after housing costs were paid, the top 20 percent of earners' net income rose by $6500 under National while the bottom 20 percent saw their income drop, on average by $300. Half of the population saw no income rise at all.

"Housing costs have spiralled under National. More than a quarter of households - 27 percent - paid over 30 percent of their disposable income on housing. Many of the poorest families pay over half.

"This means families are stretched so far that they can no longer afford the basics. It means children going without good food, decent shoes and a bed of their own in order to make ends meet.

“The so-called ‘competitive power market’ has never worked. Demand is slack, if not falling, yet power prices are still rising,” Mrs Turei said.

“Power bills would drop by $300 a household under our NZ Power plan.

“The Green Party will also take steps to address the housing crisis. We won’t take a hands-off approach. We will build more affordable houses. We will fund others to build more affordable houses and we will take steps to protect tenants,” Mrs Turei said.

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On Andrew Little’s Debut, Mockingjay, And Drunk Texting

John Key’s credibility has taken a hammering this week – at least among the 50% of the electorate who have always had doubts about him on that score.

The other substantial story of the week has been about Andrew Little’s debut as Labour leader, which has received top marks, especially among the 25% of the electorate still voting Labour. According to some reports, the Labour caucus has been ‘in seventh heaven’ about Little’s success this week in taking it to the government in the House. More>>

ALSO:

 
 

Parliament Today:

Gordon Campbell: On Government Arrogance

Right now, National is ramming anti-terrorism measures through Parliament. This legislation will grant the SIS the power to carry out 48 hour bouts of surveillance on anyone without a warrant, and will bestow on government the power to unilaterally revoke anyone’s passports and thus deny them the freedom to travel. More>>

ALSO:

Glenn Inquiry: Report Offers Solutions To Family Violence

The People’s Blueprint unveiled today by Sir Owen Glenn’s independent inquiry into child abuse and domestic violence outlines a new, more cohesive and effective system for reducing New Zealand’s alarmingly high family violence rates. More>>

ALSO:

Environment Commissioner: Changing Climate And Rising Seas - Understanding The Science

A rising sea will be with us for a long time to come – one way or another we will have to adapt. But how high and how fast the water rises will be influenced by the speed at which the world – including New Zealand – reduces greenhouse gas emissions over the coming decades. More>>

ALSO:

Key Texts With Whale Oil Released: PM Can’t Be Trusted Over Dirty Politics Defence - Greens

John Key’s answers to questions about dirty politics can’t be trusted, after he was forced to admit that he had misled journalists and Parliament about contact with attack blogger Cameron Slater, said the Green Party today.. More>>

ALSO:

Temporary Release Crackdown Continues: Corrections Review Of Phillip Smith Case

“The review by Corrections’ Chief Custodial Officer reveals that the plan for Smith’s series of temporary releases was overly ambitious and misinformed. He’s a highly manipulative and deceptive person who although technically eligible, should not have been considered for temporary release." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news