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22 Feb 2025 10:53
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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
     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
     21 Feb: Air New Zealand expects to be short of planes for at least another two or three years
     21 Feb: The country's construction costs could improve - following a 44-percent average rate increase over the last four years
     20 Feb: The economic downturn is hitting bottom lines, in latest half-year business results
     20 Feb: The Reserve Bank doesn't expect New Zealand's low productivity to pick up in the near future
     Top Stories

    RUGBY RUGBY
    The All Blacks sevens have endured a tough start to their Vancouver world series campaign More...

    BUSINESS BUSINESS
    Spark's reporting a 78-percent drop in first half profit More...


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