Higher rents are the biggest contributor to the annual inflation rate, but landlords say Dunedin’s rates rises are to blame. Stats NZ this week said rising rent prices were the biggest contributor to the annual inflation rate and almost 20% of the 2.2% annual increase in the consumer price index (CPI) was due to rent Read more
Posts Tagged ‘New Zealand cost of living’
Northland charities facing increased demand from pensioners as living costs hit home
Thursday, July 11th, 2024Several Northland charities are struggling to keep up with the significant increase in service demands from pensioners desperately trying to make ends meet. For one Moerewa woman in her 70s, paying her bills and asking for help was not easy. “Like most elderly, I don’t want to feel like I’m a burden to anyone,” Moana Read more
Soaring inflation means many of us can’t make ends meet
Thursday, July 28th, 2022
A new study says one in four New Zealanders struggles at least once a month to make ends meet. Inflation has hit 7.3 percent in the June quarter, the highest increase since 1990. What people need and who’s seeking help is changing. There’s an increase in demand for food parcel services. There’s been an “influx” Read more
Food a discretionary item for some
Thursday, June 2nd, 2022
Food has become a discretionary item in many people’s budgets. Its low priority is just one of the changes Delphina Soti, General Manager of the St Vincent de Paul food Hub in Auckland is seeing. Covid has a long tail and there are many layers of need in the community, she says. “There’s a lot Read more
KidsCan serving breakfast at record number of schools, with more waiting
Thursday, May 19th, 2022Amid the growing economic crisis facing Aotearoa, unprecedented numbers of schools and early childhood centres and charities, like KidsCan, are offering breakfast to children to make sure they eat. As the cost of living trims how far money goes, children’s charity KidsCan is supporting more schools than ever – 874 schools and 156 early childhood Read more
New Zealand’s rapidly rising cost of living is “absolutely a crisis”
Thursday, March 10th, 2022
New Zealand’s rapidly rising cost of living is “absolutely a crisis”, says Monte Cecilia Housing Trust CEO Bernie Smith. Prime Minister Jacinda Ardern said Monday that while rising living costs were impacting, she wouldn’t describe the situation as a crisis. However, the Catholic Housing Trust CEO with first-hand real-life experience of hardship is pushing back Read more