People with mortgages or who pay rent will bear the brunt of the Reserve Bank’s decision today to lift the official cash rate by 50 basis points to 4.75%.
Tag: Inflation. Showing results 1 - 7 of 7
Showing results 1 - 7 of 7
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NewsAussie inflation beats Aotearoa figure
It may be cold comfort for Kiwis but today Australia posted worse inflation than New Zealand’s.
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'Have a quiet Christmas'- Roskruge on Reserve Bank's inflation hammering
Massey University associate dean Māori and economics professor Matt Roskruge (Te Atiawa, Ngāti Tama) says anyone in debt, with credit card payments, mortgages or loans, is going to find it more exp
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Rents, vegetables soaring as inflation slightly dips
The economist experts had all expected Aotearoa's annual inflation to have dropped below 7% in the September quarter - but they were wrong.
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'Struggling to hang on to hope'- Cribb-Sua on challenges for whānau, rangatahi
Rangatahi have been faced with mental health challenges during the tough times of the Covid-19 pandemic.
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Fuel thefts soar amid cost of living crisis
The rising cost of living is causing more people to drive off without paying for fuel as people "struggle to swipe that card," a Rotorua service station manager says.
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Housing costs the top contributor to 32-year inflation high
New Zealand has just hit a 32-year high - for annual inflation, which has reached 7.3%, with housing the largest contributor. Inflation is now at its highest since June 1990.
