At what point does the ‘churn’ rate become unacceptable to the median voters who decide election results? Right now, it can’t be heard over the immediate noise of calls from median voters for lower inflation, lower mortgage rates and higher house prices. We've had significant population growth in recent years, and that has created a set of pressures. A short-lived tighteningEarlier last year the Government tried to restrict population growth by restricting migration growth in the hope of squaring the population growth-infrastructure deficit circle. Since 2017, the current Government has lifted the minimum wage by 39% or an average of 6.5% per year to $21.20/hour.

Source: Stuff January 28, 2023 23:53 UTC