Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Inflation Data Disguises Continued Higher Cost Of Living For The Poorest

The Council of Trade Unions is concerned that today's consumer price index (CPI) data shows that for the poorest New Zealanders the cost of living continues to rise well ahead of the official headline increase rate of 1.5%.

CTU Economist Craig Renney said "the data presented continues to show faster increases in the cost of essential items, like fresh produce, rent, and childcare. These hit the poorest hardest and demonstrate the need for faster than CPI adjustments to the Minimum Wage, and for higher wage increases for the lowest paid employees".

The annual increase in costs for fruit and vegetables (+3.9%), rents (+2.7%), and Early Childcare Education (+2.5%) were offset by falls in audio-visual equipment (-4.7%), telecommunication equipment (-9.3%) and some electrical appliances (-11.6%). "These cheaper items tend to be one-off or discretionary purchases, made more often by those with higher incomes. The cost of living for them is not rising at the same pace as those on more meagre budgets."

"Today’s data supports other recent economic data - be it on unemployment, wage growth, or housing - that shows we have an uneven recovery from the economic impact of COVID-19. This ‘K-shaped recovery’, where those doing well enjoy economic growth whilst the poorest continue to suffer, cannot be allowed to take root in New Zealand. Ensuring that those on the lowest incomes do not fall further behind must be at the heart of building back better," Renney said

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Compelling Case For Meatless Meat

Talk about living in a bubble. As vegetarianism and veganism become normalised – there are more options on restaurant menus! - it can be easy to think that the whole world is gradually giving up on meat. Alas, the reverse is true. Americans for instance consumed 100 kilograms of meat and poultry in 2018, up from 75 kilograms in 1960, according to the US Department of Agriculture figures... More>>


Government: Hundreds Of New Electric Cars For State Sector

Total of 422 new electric vehicles and charging infrastructure across the state sector $5.1 million for the Department of Conservation to buy 148 electric vehicles and install charging infrastructure $1.1 million to help Kāinga Ora buy 40 electric ... More>>

Pay Policy: CTU Public Service Unions Meet With Public Service Minister

The Council of Trade Unions and affiliated public service unions, met with the Minister for the Public Service Hon Chris Hipkins this afternoon to discuss the pay expectations of those working in our public services. CTU President Richard Wagstaff said it was ... More>>

Government: Further Action Against Gang Crime

The Government will make it illegal for high risk people to own firearms by introducing Firearms Prohibition Orders (FPOs) that will strengthen action already taken to combat the influence of gangs and organised crime to help keep New Zealanders and their ... More>>


Child Poverty: Reports Highlight Need For Ongoing Action

The Government has released the first Annual Report for the Child and Youth Wellbeing Strategy and the second Child Poverty Related Indicators (CPRI) Report, both of which highlight improvements in the lives of children as a result of actions of the Government, ... More>>


PM: Statement On The Speaker And Annual Review Debate

“The serious issue of alleged sexual assault and harassment at Parliament was poorly managed and inappropriately politicised last night. The tone of the debate did not reflect well on Parliament as a whole,” Prime Minister Jacinda Ardern said. ... More>>

Parliament: Mallard Fails To Give Taxpayers A Straight Answer

Trevor Mallard has confirmed he is unfit to be Parliament’s Speaker by failing to answer several important questions relating to the false rape accusation saga that cost taxpayers more than $330,000, Shadow Leader of the House Chris Bishop says. ... More>>

Local Government: Independent Review To Explore Future

Local Government Minister Nanaia Mahuta says an independent review of local government will explore how councils can maintain and improve the wellbeing of New Zealanders in the communities they serve long into the future. More>>





InfoPages News Channels