Why Auckland, NZ is Too Expensive to Live In (How to Fix it)
🕑 2-minute read
Six competitive cities in New Zealand have been compared to Australia’s five main centres in a new PwC report which reveals income and cost of living impacts.
Auckland stands out as the only city in the sample to experience falling discretionary income. In all, discretionary income fell about $5,000 a year in real terms between 2008 and 2018 (approximately 5.8 per cent of annual gross household income).
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