Further inflation caused by government action/inaction.
Just got my latest insurance bill yesterday. Base premium up 16.3%; Earthquake Levy up 60%; GST up 22.7%. Overall an increase of 22.7%. When will it end.
Now costing nearly $50 per week. Has probably gone up by roughly 100% over last few years. Worse still there has been no increase in risk where I live.
Is it any wonder so many people chose not to insure. Trouble is they then expect us to subsidise them.
On another level insurance companies have made mega-bucks over the years (Billions if not Trillions) so I have to wonder how they can justify such increases.
Poll: Do you set New Year’s resolutions?
🎉 2026 is almost here!
We’re curious ... how do you welcome it?
Do you set resolutions, follow special traditions, or just go with the flow?
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10.5% Yes! New Year, New Me
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19.7% Yes - but I rarely stick to them
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69.7% Nah - not for me
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
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