From this mornings SSTimes:
New research has revealed a dramatic reversal in financial fortunes for the average Kiwi family, which is now $60 better off each week than it was six months ago. Falling mortgage costs teamed with the government’s October 1 tax cuts and a beefed up Working for Families package are the main reasons for the windfall, with a slight drop in petrol prices also helping.
Pundits are divided on whether the reversal will boost Labour’s chances when voters go to the polls on Saturday, but say it will help our recovery from the global financial crisis.
So do we think it is going to make a difference to Saturday’s vote? We’ve moved on quite a long way since backpocket issues took on such prominance. Having a bit more money might not be at the forefront of people’s minds as a positive, but nor is the lack of it the irritant it once was.