Further inflation caused by government action/inaction.
Just got my latest insurance bill yesterday. Base premium up 16.3%; Earthquake Levy up 60%; GST up 22.7%. Overall an increase of 22.7%. When will it end.
Now costing nearly $50 per week. Has probably gone up by roughly 100% over last few years. Worse still there has been no increase in risk where I live.
Is it any wonder so many people chose not to insure. Trouble is they then expect us to subsidise them.
On another level insurance companies have made mega-bucks over the years (Billions if not Trillions) so I have to wonder how they can justify such increases.
Healthy Active Ageing Forum & Expo 2026
The Healthy Active Ageing Forum & Expo are back in New Plymouth May 2026, we look forward to seeing you there
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?
-
59.5% Yes, supporting people is important!
-
26.1% No, individuals should take responsibility
-
14.4% ... It is complicated
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
Make a hearty dish. Take just half a minute. Add four parts of kestrel. Then just add one. What have you made?
(Trev from Silverdale kindly provided this head-scratcher ... thanks, Trev!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
Want to stop seeing these in your newsfeed? No worries! Simply head here and click once on the Following button.
Loading…