The Labour Party released their 'Cost of Luxon' document earlier today - which claimed a family with two children was paying $6235 more per year during Luxon's time as Prime Minister.

However, leader Chris Hipkins later conceded the party’s calculations did not include reductions in mortgage rates or the Government’s tax cuts.

Labour campaign chair Kieran McAnulty says the party also didn't factor in the decline in wages, as many pay increases didn't keep up with inflation.  

"70 percent of New Zealanders have had a wage increase that's lower than the cost of living, so they're going backwards." 

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The Labour Party released their 'Cost of Luxon' document earlier today - which claimed a family with two children was paying $6235 more per year during Luxon's time as Prime Minister.
However, leader Chris Hipkins later conceded the party’s calculations did not include reductions in mortgage rates or the Government’s tax cuts.
Labour campaign chair Kieran McAnulty says the party also didn't factor in the decline in wages, as many pay increases didn't keep up with inflation.&nbsp;&nbsp;
"70 percent of New Zealanders have had a wage increase that's lower than the cost of living, so they're going backwards."&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Kieran McAnulty: Labour campaign chair unpacks Labour's 'Cost of Luxon' document

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/0f464724-781a-424e-a7d1-b4e200623257/transcript