Here comes the squeeze

Here comes the squeeze
Inflation disproportionately has a bigger impact on households with lower incomes. (Image: Getty)
David Mann
As New Zealanders trickle back to the office – some still wringing out their wardrobes following a particularly sodden summer break – let's reflect on the year that was and the year ahead.While this summer has seen NZers dealing with tropical cyclones, last summer presented its own challenges as omicron put a dampener on festivities and business activities in the first quarter of 2022. It was against that backdrop and after record house prices peaking in November 2021 that consumer spending roared along as covid-19 restrict...

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