Latest / The Kākā by Bernard Hickey
Why shops & bars are closing as spending 'recovers'
Here’s the key news in Aotearoa’s political economy over the last day or so around housing, climate and poverty, along with analysis and detail in the video and podcast above, and in the PDF of the presentation attached below, for paying subscribers:
* Households slammed by rampant electricity, fuel and government charges inflation are being forced to cut back on discretionary spending on going out, shoes, clothes and holidays, which is reflected in the latest card spending data for May.
* Over half of the kids living in New Zealand’s poorest households are homeless, according to a new report…
The skinny
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