The latest inflation figures show the cost of living is still going up, and families are paying the price for National’s broken promises.
“Christopher Luxon promised to fix the cost of living. Three years on, families are paying more for almost everything,” Labour finance and economy spokesperson Barbara Edmonds said.
“Inflation is 3.7%, outside the Reserve Bank’s target band, and economists are warning prices could climb even further before Christmas.
“Everything is more expensive under National. Power bills are up nearly 30 percent since National took office. Central and local government charges have gone up 27 percent. High food and fuel costs keep chipping away at families’ budgets and seeing a doctor costs more.
“Every week it just keeps getting worse. Today’s high inflation could mean another interest rate hike next week, piling even more pressure on homeowners already struggling with their mortgages.
“People are working hard, doing everything right and still falling behind – that's not good enough. Instead of making life easier, National has cut the services people rely on while the bills keep piling up.
“A typical family in Auckland with two children is paying around $6,000 more a year under National.
“New Zealanders cannot afford another three years of National.
“Labour has a plan to put money back in people’s pockets and make everyday life more affordable.
“Three free GP visits a year, public transport fare caps, cracking down on supermarket price gouging, and 10 percent off your student debt will help ease the pressure on household budgets.
“If you work hard, you should be able to get ahead. Only Labour has a plan to help Kiwis get there,” Barbara Edmonds said.
