Workers today face many extraordinary challenges. From the rising cost of food, to everyday bills and transport. Many families are responding to rising inflation by cutting back on essentials, a recent report by the NAB showed that 1 in 2 are cutting back by switching to cheaper brands, and 4 out of 10 have cancelled altogether regular spending like lunch and coffee.
Workers today face many extraordinary challenges. From the rising cost of food, to everyday bills and transport. Many families are responding to rising inflation by cutting back on essentials, a recent report by the NAB showed that 1 in 2 are cutting back by switching to cheaper brands, and 4 out of 10 have cancelled altogether regular spending like lunch and coffee.
But when we cut back, or cut out, we reduce the demand for goods in other areas, and put those jobs under pressure as well.
Many workers are asking how we can keep up with the cost of living. But as we have seen through paper and television news, we’re being told that to ask for more drive’s inflation.
So, who is right?
In partnership with the Centre for Future Work, ATUI has been holding a series of webinars around inflation, economics and how workers are not to blame for the inflationary pressures. We are however experiencing considerable increases to our cost of living, groceries, bills, mortgages, travel and fun. Watch the video below for more