The steady increase of living costs is a burden many New Zealanders are bearing, but Tauranga MP Simon Bridges says the government is doing its best to keep prices under control.
Food and oil prices are on the up with international influences the catalyst for much of this.
See video below of Tauranga MP Simon Bridges talking about inflation and what the government is doing to keep the cost of living affordable in New Zealand.
Pressures such as fluctuations in the world price for milk, or conflicts in oil producing nations affecting the price of petrol, are beyond the government's direct control.
Prudent policy can help address these issues, however, and Simon explores this on video below.
4 comments
Reduce taxes then
Posted on 22-04-2011 13:29 | By The author of this comment has been removed.
What is in the governments control is the huge percentage of everly littre of petrol that goes to the government. Tax duties and GST makes up almost 50% of the cost of petrol at the pump. Government make more than the retailers do. It's not just governments taking taxes who are to blame. - it's also governments restricting refinery capacity and restricting new drilling and exploration that has made oil production more than it needs to be, and oil resources lower than they should be. But I dont suppose Simon has thought of things like that
THAT'S TOO SIMPLE SIMON
Posted on 22-04-2011 14:13 | By Hebegeebies
Not so your current Govt. policies are encouraging inflation.A meaningful start to addressing inflation would be to remove GST from all food items. Use the top 3inches of your head and think it through for a change.
doing it right
Posted on 23-04-2011 11:02 | By The author of this comment has been removed.
well simon you might be able to pull the wool over most peoples eyes but not mine.what a load of rubbish to say you are managing our economy,just look back on what you have done in the time you have been in power,next to nothing & it is getting worse as the days go by,so come on do the right thing for the people who vote for you &pay their taxes for you give away to anybody who don't deserve it election year is here now so start pulling some rabbits out of your hat if you can't get hold of roger rabbits he might be able to help macca
NATIONAL DISGRACE
Posted on 26-04-2011 06:46 | By EYESPY
High Inflation, huge overseas debt, discouragement of savings, giveaway of Foreshore & Seabed, open cast mining, Waitangi gravy train,leaky buildings,etc etc .What a claim to fame.What other little gems has National got in store for us.
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