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Inflation, Wages, and Political Shifts | Auckland News
Inflation may be sticking around longer than expected, complicating interest rate forecasts and squeezing the housing market. New Zealanders are effectively getting poorer as wages lag behind soaring living costs, with supermarket duopolies blamed for inflated grocery prices. Political drama unfolds as Paul Henry joins the Act Party race, while David Seymour pushes for investor rules and cheaper groceries — even citing Aldi’s butter. A Kiwi skincare brand is eyeing Europe with Nobel laureate backing, while Meta scraps its AI image tool after public outcry. And in a small but hopeful sign, the…
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