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OPB Politics Now is a weekly podcast that takes a deep dive into the hottest political topics in Oregon and the Northwest. Every Friday, OPB’s political reporters and special guests offer in-depth analysis, discussion and insight into candidates, events and issues.
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Jenee Tibshraeny: NZ Herald Wellington business editor on ASB research predicting living costs will rise by extra $150
Manage episode 358623058 series 2098282
By NZME and Newstalk ZB. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Households may need to tighten their belts further to adjust to the cost of living.
ASB's latest economic research confirms debt servicing, food prices, and transport costs will raise weekly household outgoings by an extra $150.
NZ Herald Wellington business editor Jenee Tibshraeny says mortgage increases are the primary factor in these predicted rising living costs.
Jenee Tibshraeny says the average mortgage rate has risen by 45 percent over 2022, but they're coming off a historic low period.
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