Why Auckland, NZ is Too Expensive to Live In (How to Fix it)
An Economic Competitiveness Agenda for all Aucklanders
Auckland stands out as the only city in our sample to experience falling discretionary income. In all, discretionary income fell $96 per week in real terms between 2008 and 2018 (approximately 5.8 per cent of annual gross household income).
While public focus has centred on housing costs of late, Auckland faces three headwinds simultaneously:
- Income growth for the median household is sluggish compared to other cities.
- Basic expenditure is increasing faster in Auckland than elsewhere.
- Auckland house prices have risen more than all cities in Australasia, with the possible exception of Sydney.
Learn more in the link below
www.maximsherstobitov.nz...
🧩😏 Riddle me this, Neighbours…
I am an odd number. Take away a letter and I become even. What number am I?
Do you think you know the answer?
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Scam Alert: Bank cold calls
ASB is warning customers about reports of cold calls from scammers claiming to be from ASB. These scammers are trying to obtain personal information, including usernames, dates of birth, and verification codes sent to your mobile phone.
🛡️ The "Caller Check" Test
If you get a call from someone claiming to be from ASB and you’re unsure, just ask them for a Caller Check. You will then be able to verify the call through the app.
Remember, banks will:
❌ Never ask for your banking passwords, PINs, or verification codes
❌ Never need to know your full credit card number – especially the CVC
❌ Never ask you to download software or remotely access your device
❌ Never ask you to purchase gift cards or transfer funds.
If you have received a phone call and think your account has been compromised, call ASB on 0800 ASB FRAUD (0800 272 372), or visit your local branch.
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