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Podcast: The Front Page
Episode: What April 1 cash boosts and power bill increases mean for your wallet
Description: The financial year is coming to an end, and that means from next Tuesday, a lot of Kiwis will be getting more money in their wallets. April 1st is when the Annual General Adjustment takes place – when benefits and minimum wage increase to account for wage growth or inflation. While benefits are getting a 2.22 percent rise, and Super and the Veterans Pension gets a 3.51 percent increase, minimum wage is only going up by 1.5 percent. As people continue to feel the sting of cost of living, what impact will these changes have – and how well...