Kiwis face the biggest drop in living standards since the 1970s (can the NZ Treasury plse confirm?)
The above headline is surely one to rattle our government, which is probably why it is desperately keen to keep it out of the mainstream media. But shouldn't the Finance Minister come clean and level with the Kiwi public about how we're presently experiencing one of the biggest ever drops in our standard of living? Here's how the sums add up. Wages are growing at less than 4%, whereas inflation is on its way to hitting over 7% on the back of the recent hike in oil prices, imp