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22 Feb 2025 15:49
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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
     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
     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
     Top Stories

    RUGBY RUGBY
    The New Zealand men's Sevens have finished day one with a win and a loss at the Vancouver World Series event More...

    BUSINESS BUSINESS
    Employers are being urged to weigh the pros and cons of relying on foreign-workers More...


     Today's News

    		 Rugby:
    The New Zealand men's Sevens have finished day one with a win and a loss at the Vancouver World Series event 15:27

     Soccer:
    Cutting out unforced errors is the key to victory over rivals Auckland FC 15:27

     Entertainment:
    Nick Jonas cherishes the support of his family 15:24

     Soccer:
    Auckland FC acknowledge they're the favourites as they try to sweep their first season of A-League derbies over the Wellington Phoenix at Mt Smart 14:57

     Entertainment:
    Pamela Anderson finds acting to be a "lonely" experience 14:54

     Entertainment:
    Hailee Steinfeld's engagement to Josh Allen was "magical" 14:24

     Golf:
    Kiwi golfer Ryan Fox has missed the cut at the PGA Tour's Mexican Open after a one-over second round 14:07

     International:
    Palestinian Mujahideen Brigades hand over second set of remains alleged to be those of Shiri Bibas 13:57

     Entertainment:
    Justin Baldoni's attorney has rubbished Blake Lively's amended lawsuit 13:54

     Athletics:
    Delight from Snow Sports New Zealand CEO Nic Cavanagh over the recent success of Kiwi snow athletes on the world stage 13:37

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