Wednesday, 27 July 2022 12:42

Crisis move

Written by  Milking It
Crisis move

OPINION: When three senior Government ministers issue a media release on a Sunday afternoon extending cost of living support, eyebrows are rightly raised.

So, when Grant Robertson (Finance), Megan Woods (Energy) and Michael Wood (Transport) recently announced "significant additional support", they knew something we didn't.

Sure enough, the next day, Stats NZ released its quarterly Consumer Price Index for the three months to June and it wasn't happy reading.

The cost of living crisis is getting worse as inflation hits 7.3%, the highest increase since 1990. The increase was largely driven by rising rents and construction costs.

Let's hope the next quarterly Consumer Price Index contains less doom and gloom.

More like this

Less hot air

Less hot air

OPINION: Farmers won't get any credit for this from the daily media, so Milking It is giving the bouquets where they’re due.

Dollars go offshore

Dollars go offshore

OPINION: The Advertising Standards Authority’s 2024 report revealed that not only is social media rotting our brains, it is also taking a growing chunk of New Zealand’s ad revenue offshore.

No to pines

OPINION: Forests planted for carbon credits are permanently locking up NZ’s landscapes, and could land us with more carbon costs, says the Parliamentary Commissioner for the Environment (PCE).

Cut with care

OPINION: NZ farming is built on hard work, but also on innovation, a lot of which came about thanks to a focused scientific effort over many decades.

Greenpeace a charity?

OPINION: Should Greenpeace be stripped of their charitable status? Farmers say yes.

Popular Reads

back to top

Featured

National

Machinery & Products

Gongs for best field days site

Among the regular exhibitors at last month’s South Island Agricultural Field Days, the one that arguably takes the most intensive…

» Latest Print Issues Online

dairynewscover
ruralnewscover
winegrowercover

Visit archives

Milking It

Less hot air

OPINION: Farmers won't get any credit for this from the daily media, so Milking It is giving the bouquets where…

Dollars go offshore

OPINION: The Advertising Standards Authority’s 2024 report revealed that not only is social media rotting our brains, it is also…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter