Right on cue we have this.
Where's the money in NZ?
Where's the money in NZ?
Aucklanders are the least likely to be happy with their incomes, in spite of earning the most, while people in Wellington and Canterbury are happiest, according to a new report.
And in spite of earning the most, Aucklanders are forced to spend the largest proportion of their incomes on rent, at 23 per cent, compared with only 14 per cent in Southland.
But while Auckland had high employment growth, it also had high population growth and "it appears that significant groups within that population - including migrants and young Maori and Pasifika people - are not participating fully in the economy".
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