Cost Of Living Crisis Nz 2024. In the hlpis, interest payments increased by 26.7 percent for the average household in the 12 months to the june 2024 quarter. In the cpi, the cost of building a new home increased by 3.3 percent in the same period.
Over the year to february 2024, credit arrears were 8.1%pa higher, albeit coming off historical lows. That was well down from 1.6% in the year to march 31.