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What April 1 cash boosts and power bill increases mean for your wallet
The financial year is coming to an end, and that means from next Tuesday, a lot of Kiwis will be getting more money in their wallets.
April 1st is when the Annual General Adjustment takes place – when benefits and minimum wage increase to account for wage growth or inflation.
While benefits are getting a 2.22 percent rise, and Super and the Veterans Pension gets a 3.51 percent increase, minimum wage is only going up by 1.5 percent.
As people continue to feel the sting of cost of living, what impact will these changes have – and how well is our economy performing at the moment?
To talk us through it all, today on The Front Page we’re joined by NZ Herald business editor at large Liam Dann.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels
Sound Engineer/Producer: Richard Martin
Producer: Ethan Sills
See omnystudio.com/listener for privacy information.
View all episodes
By NZ Herald
4
33 ratings
The financial year is coming to an end, and that means from next Tuesday, a lot of Kiwis will be getting more money in their wallets.
April 1st is when the Annual General Adjustment takes place – when benefits and minimum wage increase to account for wage growth or inflation.
While benefits are getting a 2.22 percent rise, and Super and the Veterans Pension gets a 3.51 percent increase, minimum wage is only going up by 1.5 percent.
As people continue to feel the sting of cost of living, what impact will these changes have – and how well is our economy performing at the moment?
To talk us through it all, today on The Front Page we’re joined by NZ Herald business editor at large Liam Dann.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels
Sound Engineer/Producer: Richard Martin
Producer: Ethan Sills
See omnystudio.com/listener for privacy information.
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