Pitch Engine
Times Advertising


.

Inflation is raising prices and reducing real wages – what should be done to support NZ’s low-income households?

  • Written by Murat Ungor, Senior Lecturer, Department of Economics, University of Otago
Inflation is raising prices and reducing real wages – what should be done to support NZ’s low-income households?Shutterstock

There is no doubt life is becoming much more expensive in New Zealand as inflation hits a three-decade high, influenced by both domestic and international factors such as increased food, energy and housing costs, pent-up demand for consumer goods, and ongoing supply-chain disruptions.

In the 12 months to December 2021, Consumer Price...

Read more: Inflation is raising prices and reducing real wages – what should be done to support NZ’s...

More Articles ...

  1. Omicron will only add to looming workforce shortages already faced by key New Zealand industries
  2. Would you pass this financial literacy quiz? Many won't – and it's affecting expensive aged care decisions
  3. Things look worse for casual workers than at any time during the pandemic
  4. Top economists expect RBA to hold interest rates low in 2022, as real wages fall
  5. Vital Signs: it's too early for the RBA to pull the trigger on interest rates
  6. An unemployment rate below 4% is possible. But for how long?
  7. Inflation hits 3.5%, but one high number won't budge the Reserve Bank on interest rates
  8. Where's the meat? Employers and governments should have seen this supply crisis coming, and done something
  9. Vital Signs: disclosure please, we shouldn't be playing bingo with COVID statistics
  10. The Singapore-inspired idea for using super for housing that could cut costs 50%
  11. The 3 problems with fines for not reporting positive COVID tests
  12. NFTs, an overblown speculative bubble inflated by pop culture and crypto mania
  13. Relax, Australia does not have (and is not likely to have) a shortage of food
  14. Healthy humans drive the economy: we're now witnessing one of the worst public policy failures in Australia's history
  15. Labor's proposed $10 billion social housing fund isn't big as it seems, but it could work
  16. Post-pandemic, ‘small business fetishism’ could cost us jobs
  17. Vital Signs: Sydney to Newcastle fast rail makes sense. Making trains locally does not
  18. Don't look Up! has a surprising amount to tell us about economics, much of it useful
  19. A simple calculation can stop artificial intelligence sending you broke
  20. How COVID-19 changed the way we shop – and what to expect in 2022 and beyond
  21. How Australia’s biggest wine-growing region came to pioneer alcohol control
  22. Why COVID-19 means the era of ever cheaper air travel could be over
  23. Explainer: what is corporate social responsibility or CSR – and what do investors need to know?
  24. Triumph of the mall: how Victor Gruen’s grand urban vision became our suburban shopping reality
  25. Remembering Geoffrey Giudice, the 'bosses man' who helped make Australia's Fair Work Commission fair
  26. Like songs, the best graphs tell stories. Here are my 10 favourites from 2021
  27. Should I pay off the mortgage ASAP or top up my superannuation? 4 questions to ask yourself
  28. Would Keynes have bought Bitcoin?
  29. Extraordinarily, the effects of the Spanish Inquisition linger to this day
  30. Are you a more holistic or analytic thinker? Take this quiz to find out
  31. Vital Signs. No return to austerity as Team Frydenberg prevails over the budget hawks
  32. $16 billion of the MYEFO budget update is 'decisions taken but not yet announced'. Why budget for the unannounced?
  33. Allan Fels: As ACCC chair, Gina Cass-Gottlieb will put the public interest first, despite years of fighting for business
  34. That reverse mortgage scheme the government is about to re-announce, how does it work?
  35. Forget calls for a royal commission into Australia's big media players – this is the inquiry we really need
  36. 'Sorry, I don’t understand that' – the trouble with chatbots and how to use them better
  37. Why 'buy now, pay later' stocks fell in 2021, and what's in store
  38. Over 300,000 New Zealanders owe more than they own – is this a problem?
  39. Rugby player Dennis Tutty went to the High Court and changed Australian sport – but there's still a tough issue left to tackle
  40. Australia's shortage of diesel additive Adblue is serious, but we can stop it going critical
  41. Vital Signs: the case against death duties just got stronger
  42. Content from confrontation: how the attention economy helps stoke aggression towards retail workers
  43. Remembering Geoff Harcourt, the beating heart of Australian economics
  44. Who's the unsung architect behind Labor's climate plans? A retiring Coalition minister
  45. BHP's vaccine policy 'not lawful and reasonable' – but this is no win for mandate opponents
  46. 'I can only do so much': we asked fast-fashion shoppers how ethical concerns shape their choices
  47. 10 ways New Zealand employers can turn the 'great resignation' into a 'great recruitment'
  48. Vital Signs: Albanese to come clean on emissions targets, but a carbon price is still hush-hush
  49. Good riddance: the costs of Morrison's voter ID plan outweighed any benefit
  50. Sure, the national accounts show GDP going backwards, but look at what's to come
hacklink hack forum hacklink film izle hacklink testjetbahistipobetslogan bahis sitesicasino not on gamstopiptv satın aliptv satın aliptv satın alcasibompadişahbetgalabet girişcasibommarsbahisjojobetbetmarinoikimislijojobetxslotbetpipocasinoroyalmeritkingkingroyal