Still no link to backup your assertion on what Ardern said.
When will you admit that you lied?
Printable View
https://www.nzherald.co.nz/business/...MNINQXNUBYHZY/
Households’ finances moving from squeezed to crushed, economist warns
Quote:
Households’ finances are being squeezed on several fronts with more pain to come, a leading bank says.
Westpac’s latest economic bulletin, titled From Squeeze to Crush, said high levels of inflation had eroded spending power.
At the same time, borrowing costs were continuing to rise and the value of household assets had fallen during the past year.
“For many families, the pressure on their finances is going to become much more intense over the year ahead,” Westpac senior economist Satish Ranchhod said.
“Close to half of all fixed-term mortgages will come up for repricing over the next 12 months, and those borrowers will face refixing at substantially higher interest rates.”
When is the Labour front bench huddle of clueless halfwits due back from holidays ? ;)
And NZIER business survey recorded the worse result since 1961.
https://www.interest.co.nz/business/...inesses-expect
Ardern is achieving her aim of a communist utopia via socialism well ahead of her own expectations - destroying businesses and the economy.
Highest food inflation in 32 years - brought to NZers by Ardern & her clueless mob.
https://www.nzherald.co.nz/business/...M2D6XLGB7IYFQ/
Not their fault as usual though so they admit that they are useless and clueless by implication.
Ardern is gone in February!