Scoop has an Ethical Paywall
License needed for work use Register

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


Families Are the Losers Again

Families Are the Losers Again

The latest labour cost and Consumers Price Index figures show that working families are worse off today than they were a year ago, ACT Family Spokesman Heather Roy said today.

"Today's Statistics New Zealand figures show salary and wage rates rose by 2.2 percent in the year to September. But over the same period, the Consumer Price Index has risen by 2.6 percent, leaving working families 0.4 percent worse off than a year ago.

"In the 1950's and 60's families contributed a quarter of their income to the state in the form of tax. Today the figure is approximately 40%. This means that merely to tread water, families must increase their income to make ends meet. Partners who previously chose to stay at home to raise a family now have to find work to contribute to the family income.

"By raising taxes the government makes it more and more difficult for families to move ahead. The only winner from increased inflation is the Government, as average working families are dragged into higher tax brackets.

"Over the past three years, we've seen entrenchment because wages and salaries have failed to keep pace with inflation since Labour came to power.

"The sinister erosion of families' real income is becoming a pattern. This is set to become worse as Dr Cullen has loosened the Reserve Bank Act agreement.

"ACT is the only political party fighting to raise the real incomes of working families through lower taxes, low inflation and higher economic growth," Mrs Roy said.

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On How Climate Change Threatens Cricket‘s Future

Well that didn’t last long, did it? Mere days after taking on what he called the “awesome responsibility” of being Prime Minister, Christopher Luxon has started blaming everyone else and complaining that he's inherited “economic vandalism on an unprecedented scale” - which is how most of us would describe his own coalition agreements, 100-Day Plan, and backdated $3 billion handout to landlords... More

Public Housing Futures: Christmas Comes Early For Landlords

New CTU analysis of the National & ACT coalition agreement has shown the cost of returning interest deductibility to landlords is an extra $900M on top of National’s original proposal. This is because it is going to be implemented earlier and faster, including retrospective rebates from April 2023. More

Green Party: Petition To Save Oil & Gas Ban

“The new Government’s plan to expand oil and gas exploration is as dangerous as it is unscientific. Whatever you think about the new government, there is simply no mandate to trash the climate. We need to come together to stop them,” says James Shaw. More

PSA: MFAT Must Reverse Decision To Remove Te Reo

MFAT's decision to remove te reo from correspondence before new Ministers are sworn in risks undermining the important progress the public sector has made in honouring te Tiriti. "We are very disappointed in what is a backward decision - it simply seems to be a Ministry bowing to the racist rhetoric we heard on the election campaign trail," says Marcia Puru. More




InfoPages News Channels


Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.