NZ Economy continues to crash thanks to Government’s privatisation austerity agenda
The latest Stats NZ figures show in the past 12 months food prices have gone up 4.4 percent – the highest increase since December 2023.
RNZ have been comparing supermarket shopping and found that In May 2022, their first shop at Woolworths Greenlane cost $238 dollars and $217 at PAK’nSAVE Royal Oak.
But in 2025, those same items at Woolworths have shot up to $305 dollars – an extra $67 dollars at the checkout where as the PAK’nSAVE shop, was now $270, an extra $53 dollars in cost.
Despite promising to tackle the cost of living crisis, the Government has failed us.
But it gets so much worse than that.
The Government’s privatisation austerity agenda is part of the problem, as Bernard Hickey points out…
758 construction businesses have gone into liquidation in the last 12 months, thanks in part to the Government’s freeze on transport, housing and hospital investment spending at the beginning of 2024, Centrix reported this morning. Construction jobs have fallen by 12,723 in the last year!
Worker and employer expectations of real wage deflation are worsening as the economy slides back into a mid-year stagnation, and as administered prices such as Government and council fees and rates rise faster than inflation, as do prices in the monopoly-bound food, insurance and electricity sectors.
…RNZ have been comparing supermarket shopping and found that in May 2022, their first shop at Woolworths Greenlane cost $238 dollars and $217 at PAK’nSAVE Royal Oak.
But in 2025, those same items at Woolworths have shot up to $305 dollars – an extra $67 dollars at the checkout where as the PAK’nSAVE shop, was now $270, an extra $53 dollars in cost.
This Government’s pro-growth agenda has gone no where other than propping up their donors mates interests at the cost of the poor…
…this Government doesn’t care about you unless you are rich.
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Right wing governments are better financial managers of the economy than left wing governments…
Hahahahahaha!
Of course they’re fucking not, the evidence is clear.
… better financial managers of the economy…[addendum – for the advantage of the mercantile and property-trading class] than left wing governments…
https://www.rnz.co.nz/news/national/565784/live-weather-evacuations-as-new-barrage-of-rain-arrives-warnings-watches-around-country
Emergency Management Minister likely to head south tomorrow
Emergency Management Minister Mark Mitchell says he had asked his officials to work closely with Chorus to restore internet service for Golden Bay.
He says a lot of planning had been done in preparation for the weather.
Government good at talking about land, insensate things and make plans for what to do with it. But after spending millions planning and positing probably that is all that happens. Can’t now afford to do anything to limit or clean up known disastrous events to be suffered by the poor citizens – in every way – of NZ but less by the newly admitted big noters.
Funny how there is no defense here by the rabid righties on this CoC tanking the economy? Because you can’t defend the indefensible.