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23 Feb 2025 16:18
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      Home > News > Business

    The Child Poverty Reduction Minister attributes stagnant progress to tough economic conditions

    The Child Poverty Reduction Minister attributes stagnant progress to tough economic conditions

    20 February 2025
    Annual figures to June show no real change since 2018 -- despite a cross-party commitment to halve the rate, by 2028.

    More than 143-thousand children are estimated to be living in material hardship.

    But Louise Upston says a growing economy will start to help.

    She says the cost of living is still hurting families -- and yesterday's OCR cut will take a while to flow through to them.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     23 Feb: The Associate Finance Minister is hoping to speed up our catchup game on foreign investment
     23 Feb: Demand for electric charging stations is continuing to increase, despite the economic headwinds
     23 Feb: The cost of producing milk in New Zealand remains favourable against similar countries
     22 Feb: Employers are being urged to weigh the pros and cons of relying on foreign-workers
     21 Feb: Spark's reporting a 78-percent drop in first half profit
     21 Feb: Exporters are continuing to benefit from high commodity prices and the low Kiwi dollar
     21 Feb: A call to help lower building costs - after a hike over the past four years
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    BUSINESS BUSINESS
    The Associate Finance Minister is hoping to speed up our catchup game on foreign investment More...


     Today's News

    		 Business:
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    Coach Vern Cotter reckons the Blues CAN catch up to the pace-setters after a slow start to their Super Rugby title defence 14:17

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     Business:
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     Accident and Emergency:
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