RNZ·4 min read·medium
Beneficiaries spend 8 percent more than they receive each week - report
R
RNZ | Te Reo Irirangi o Aotearoa
✦AI Summary
A new report from Fincap reveals that New Zealand benefit recipients are spending 8 percent more than their weekly income, leading to record levels of debt. Financial mentors report that clients are increasingly struggling to afford basic essentials like food and housing.
Beneficiaries are increasingly struggling to make ends meet, financial mentors say, and are spending more than they receive in benefits each week at a record rate.
economysocial justice
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in