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

Issue 49: Werewolf Weekender

Philip Matthews: From The Lost Continent
It’s a case of better late than never for Olivier Assayas’ marvellous After May/Apres Mai, which first screened at Venice in 2012, had a couple of North Island screenings last year during the International Film Festival’s “Autumn Events” season, got a theatrical release in Australia – but not here – and only now appears on DVD, after Assayas himself has moved on. More>>

The Complicatist: Blue Eyed & Soulful
For a while in June, the top two singles on the US Billboard charts featured Iggy Azalea, an Australian model turned hip hop performer. To some, this may seem like just the latest chapter in a long saga of whites ripping off black culture, while enriching themselves in the process. Obviously, there’s some truth in the stereotype. Yet it can also obscure the positive collaborations – in jazz, soul music and hip hop – between musicians who treated each other as creative equals, race regardless. More>>

Satire: Carry On Captaining
Oh hello. Scanner Technician Davis. To what do I owe the pleasure?
You think we’re what?
Oh, pish. This vessel has been travelling along smoothly for generations – particularly smoothly in the last few years though I say so myself – and I happen to know we have never once been hit by an asteroid... More>>

 

Parliament Today:

False Electoral Return: John Banks Sentenced To Community Detention, Community Work

“The conviction of John Banks today is another sad chapter for John Banks and the ACT Party”, says Labour candidate for Epsom Michael Wood. More>>

ALSO:

Gordon Campbell: On The Rise Of ISIS And Labour

While global attention got distracted by the fate of MH17 and the atrocities in Gaza, the world’s other mega ‘bad news’ story – the rise of ISIS-led fundamentalism in Iraq – has reached a tipping point. More>>

ALSO:

Rebuild: Christchurch City Council Releases Milestone Report

The Cameron Partners report says the Council may need to find an additional $783 million to $883 million by 2019... Options Cameron Partners proposed include increasing rates, borrowing more, maximising insurance payments, and freeing up capital from its commercial assets. More>>

ALSO:

Parliament Today: Parliament Adjourns

The 50th Parliament has adjourned for the final time. After the completion of the adjournment debate, MPs left for the campaign trail with Parliament to be dissolved on August 14 ahead of the September 20 election. More>>

ALSO:

Novopayout: Government-Owned Company To Take Over School Payroll

After lengthy negotiations, the Ministry of Education and the existing school payroll provider, Talent2, have settled both on the amounts payable by Talent2 towards the costs of remediating the Novopay service and a new operating model for the school payroll system. More>>

ALSO:

Employment: Labour Will Raise Minimum Wage, Restore Work Rights

A Labour government will raise the minimum wage $2 an hour to $16.25 and restore work rights to ensure the benefits of economic growth are shared fairly by all New Zealanders, Labour Leader David Cunliffe says. More>>

ALSO:

Police: Crewe File Review Released

No new evidence has come to light implicating any specific person as being responsible for the murders of Jeannette and Harvey Crewe... The review identifies there is a distinct possibility that Exhibit 350 (the brass .22 cartridge case) may be fabricated evidence, and that if this is the case, that a member of Police would have been responsible. More>>

ALSO:

Werewolf Issue #49: Gordon Campbell Interviews Laila Harre

For 25 years, Labour and National have been in virtual agreement about the basics of economic policy, and differed mainly on how to go about managing its social consequences. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news