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North & South magazine - cost of living

North & South magazine - cost of living

Old Mar 18th 2013, 4:48 am
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Default Re: North & South magazine - cost of living

Originally Posted by Catchafire View Post


Example please.

Houses in Auckland dont count.
Petrol?

I don't know how much it has increased, only that it has significantly.
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Old Mar 18th 2013, 6:21 am
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Default Re: North & South magazine - cost of living

Originally Posted by gcr View Post
Petrol?

I don't know how much it has increased, only that it has significantly.
In Sep 08 it was $2.02. http://www.nzs.com/new-zealand-artic...l-pricing.html

It's now $2.18. So 8% increase over four years. Same as income then
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Old Mar 18th 2013, 6:27 am
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Default Re: North & South magazine - cost of living

Originally Posted by lapsed kiwi View Post
In Sep 08 it was $2.02. http://www.nzs.com/new-zealand-artic...l-pricing.html

It's now $2.18. So 8% increase over four years. Same as income then
That's quite remarkable. Certainly the difference in fuel price over the last 5 years in the UK would be far more significant.

And I've recently seen petrol, here in NZ, for less than $2 per litre.

Not so sure about income: I recently saw details of 10 year old IT rates, salary and contract, in a recruitment agency. Rates now are less than they were then.
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Old Mar 18th 2013, 6:48 am
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Default Re: North & South magazine - cost of living

Originally Posted by lapsed kiwi View Post
In Sep 08 it was $2.02. http://www.nzs.com/new-zealand-artic...l-pricing.html

It's now $2.18. So 8% increase over four years. Same as income then
Not for Mr BEVS Same income as 2006.
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Old Mar 18th 2013, 6:52 am
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Default Re: North & South magazine - cost of living

Originally Posted by BEVS View Post
Not for Mr BEVS Same income as 2006.
There are always exceptions - mine has been the same since '08. Should get off my butt and go job hunting really
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Old Mar 18th 2013, 6:58 am
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Default Re: North & South magazine - cost of living

Originally Posted by lapsed kiwi View Post
In Sep 08 it was $2.02. http://www.nzs.com/new-zealand-artic...l-pricing.html

It's now $2.18. So 8% increase over four years. Same as income then
Because of the high exchange rate, petrol is one of those things that is particularly good value for money currently.
Not that I am particularly disagreeing with you, just chucking a few extras in...
It was 2.02 recently too and this was not particularly a low-point - having seen it at 1.96 for a period in West Auckland fairly recently.

Comparisons with four years ago - who knows, I don't - but they should be made on trends of course, which I don't have to hand.

Last edited by GoingIn2011; Mar 18th 2013 at 7:02 am.
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Old Mar 18th 2013, 7:04 am
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Default Re: North & South magazine - cost of living

Originally Posted by lapsed kiwi View Post
There are always exceptions - mine has been the same since '08. Should get off my butt and go job hunting really
Hang on to the job you have if it is at least safe. This is our view anyway.

There were/are no jobs to move to really for a plumber/gasfitter in this area so best to hang on in. It's precious TBH Same for all the tradies. Many lost their jobs and are scratching a living as one man bands.

I suppose it was a pay cut really as we now pay the licenses & for tools/clothing . He was given a 50 cent rise at one point and then it didn't happen.

C'est la vie. At least there is an income.
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Old Mar 18th 2013, 7:04 am
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Default Re: North & South magazine - cost of living

Originally Posted by lapsed kiwi View Post
There are always exceptions - mine has been the same since '08. Should get off my butt and go job hunting really
An advantage of a job in the public sector is the tendency for union/block-agreed pay rises (which are then supplemented with performance related bonuses).

Woo-hoo, I got a 1.2% rise this year. Break out the cava!
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Old Mar 18th 2013, 8:21 am
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Default Re: North & South magazine - cost of living

Originally Posted by GoingIn2011 View Post
An advantage of a job in the public sector is the tendency for union/block-agreed pay rises (which are then supplemented with performance related bonuses).

Woo-hoo, I got a 1.2% rise this year. Break out the cava!
Is that thanks to the PSA ?
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Old Mar 18th 2013, 8:28 am
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Default Re: North & South magazine - cost of living

Originally Posted by Bellasmum View Post
Is that thanks to the PSA ?
TEU/PSA...
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Old Mar 18th 2013, 2:54 pm
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Default Re: North & South magazine - cost of living

Originally Posted by lapsed kiwi View Post
In Sep 08 it was $2.02. http://www.nzs.com/new-zealand-artic...l-pricing.html

It's now $2.18. So 8% increase over four years. Same as income then
That's a poor example, it went up to that due to the record oil prices that year!
The average price for 2008 was $1.81 & for 2009 it went down to $1.61.
It has doubled in the last 10 years, it was just over $1 in 2003.
When we did our reccie in 2005 it was $1.25.
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Old Mar 18th 2013, 6:17 pm
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Default Re: North & South magazine - cost of living

You can't compare UK Petrol to NZ Petrol.

UK unleaded is approximately 95 octane. Super Unleaded is typically 97-99 octane.

NZ unleaded is only 91 octane. Premium petrol in NZ is typically 95 octane.

So we get lower quality petrol here, hence the price is lower.

Another good price reference. Basic Cadbury's Easter Eggs in NZ: $14.99.
The equivalent in the UK: £1.99
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Old Mar 18th 2013, 7:54 pm
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Default Re: North & South magazine - cost of living

I think you've mistyped. Having spent longer than should be allowed in Warehouse with my youngest at the weekend trying to decide how many Easter Eggs he could get for his $10 - I can tell you that a Cadbury's Dairy Milk egg was $4.99! Still more than Tescos probably but I would imagine the volume of Easter eggs produced comes into play to affect prices? At least my favourite creme eggs seem to taste the same
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Old Mar 18th 2013, 8:30 pm
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Default Re: North & South magazine - cost of living

Originally Posted by MOSO View Post
I think you've mistyped. Having spent longer than should be allowed in Warehouse with my youngest at the weekend trying to decide how many Easter Eggs he could get for his $10 - I can tell you that a Cadbury's Dairy Milk egg was $4.99! Still more than Tescos probably but I would imagine the volume of Easter eggs produced comes into play to affect prices? At least my favourite creme eggs seem to taste the same
Perhaps they have dropped their prices. In Countdown (a supermarket) - they were $14.99 on Thursday last week.

If W/H have them for $4.99 - I guess I'll be buying them there . Even better if its proper Cadbury's (as opposed to the Dunedin and Australia crap).
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Old Mar 18th 2013, 8:31 pm
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Default Re: North & South magazine - cost of living

Originally Posted by lapsed kiwi View Post
Any facts to back up that assertion? I can't think of a single thing that has doubled in price since the GFC (late '08). On the other hand, average wage growth has been in the region of 2% per year:
http://www.stats.govt.nz/tools_and_s...e-changes.aspx



Another strange assertion. It is not, to the best of my knowledge, currently legal for the government of NZ (or any other country) to take 10% of people's savings. This would require new legislation in NZ (as it would in Cyrpus I think)
Yes it is legal for the Nz banks to haircut your savings. Just ring up your local bank and ask them. ANZ told me that it would happen overnight without warning. If you have a term deposit or savings these are not guaranteed. And your bank will not pretend that they are if you call them and ask. Or read a book by Ian Wishart called "daylight Robbery 2012 edition" and he gives his findings on this. The Aussie owned banks will not bail the NZ banks either.
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