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...
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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59.3% Yes, supporting people is important!
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25.5% No, individuals should take responsibility
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15.2% ... It is complicated
A Neighbourly Riddle! Don’t Overthink It… Or Do?😜
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
If you multiply this number by any other number, the answer will always be the same. What number is this?
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