Bankflation W Edward Miller: October 3rd 2023
Bankflation W Edward Miller: October 3rd 2023
Tuesday, October 3, 2023
Two weeks ago, finance minister Grant Robertson said New Zealand was never in recession and we experienced strong growth in the June quarter. But Aotearoa is still in the thick of a cost of living crisis, and banks have been experiencing record profits through all of this.
The trade union First Union has started a campaign called “stop bankflation” in response.
Josh spoke to their Researcher and Policy Analyst, Edward Miller to find out more.