Latest CommBank iQ Cost of Living Insights Report shows spending falling for younger Australians with those in their twenties hardest hit.
Australians continue to prioritise spending on travel and entertainment despite feeling ongoing pressure from rising living costs, according to the latest CommBank iQ Cost of Living Insights Report.
The report shows quarterly spending by Australians on essential goods and services rose, but well below inflation, while overall discretionary spending was flat.
Australians are increasing their expenditure on essentials such as insurance, medical costs and pharmacies, leaving less room to spend on discretionary categories like household goods and clothing. Travel and entertainment spending were the only discretionary categories to record above-inflation growth (8.2 per cent and 8.6 per cent respectively) – compared to an 8.1 per cent decrease in households good spending.
According to the report, 25-29 year olds have been the hardest hit with a 5.1 per cent decline in their total spending – the only age group to decrease both discretionary and essential spending. Despite a pullback in discretionary purchases, those in their twenties continued to find room in the budget for entertainment experiences (up 13 per cent).
“Leaving room in the budget for experiences is a continuing trend. However, they are having to reduce spending in other areas,” said CommBank iQ Head of Innovation and Analytics Wade Tubman.
“We’re seeing consumers in their twenties cut back spending but still leave room to fund experiences. We’ve also seen younger people redirecting discretionary spending from things like clothes and homewares, to spend on cinemas and ticketed events such as concerts and sport.”
The report uses spending data for the September 2023 quarter compared to the same period in 2022 and paints a picture of spending at an individual level. The latest results confirm that, despite interest rates remaining on hold through the period, many Australians are feeling more pressure from rising living costs.
“Given the most recent rate rise, it will be interesting to continue to monitor these tr
Family Planning – New survey shows the need to remove barriers to sexually transmitted infection (STIs) prevention for women and girls
Source: Family Planning
NZ Made Day 2023: Buy sustainable products that last
Source: Buy NZ Made
Arts News – Shall We Dance? – Dance-inspired music that will have your toes tapping
3.00pm, Sunday 26 November – At The Piano (156 Armagh Street, Christchurch) – Following Resonance Ensemble’s very enthusiastically received previous programmes this year, this innovative and vibrant orchestra is lightening the tone for its final concert of 2023 with toe-tapping rhythms and exhilarating orchestral textures. From Saint-Saëns to Tchaikovsky, Brahms to Elgar, and Franz von Suppé to Richard Rodgers, this programme is full of sparkling gems that cater to every taste.
A special feature of this concert includes charismatic violin soloist, Rakuto Kurano, who adds his own touch of originality with some fiendish fiddling as he brings the graveyard to ghostly life in Saint-Saëns’ turbulent Danse Macabre before the concert
Petition – Aotearoa Healthcare Workers for Palestine to Deliver Petition to Parliament Today
A letter demanding a ceasefire in Gaza signed by over 1,500 healthcare workers will be presented to the caretaker and incoming governments outside Parliament on Tuesday 21 November at 4:30 pm.
Doctors, nurses, dentists, social workers, healthcare assistants, midwives and others working in hospitals and community health settings around Aotearoa express their grave concern for the Palestinian people facing systematic, indiscriminate and relentless violence at the hands of the State of Israel.
“A humanitarian catastrophe, worsening by the minute, is unfolding right before our eyes. We call on the New Zealand government to take immediate action to address the dire situation “, says spokesperson Dr Tellawi.
International humanitarian and human rights organisations condemn the bombardement and signal evidence for war crimes being committed. Hospitals, health centers, schools, refugee camps, places of worship, residential buildings and ambulance convoys are being deliberately targeted by ground, air and sea.
“We are shocked to see our colleagues in Gaza being killed in the line of duty, being held under siege in hospitals with dead bodies piling up. We despair knowing colleagues are having to operate by torch light without anesthetic and increasingly having no choice but to leave their patients to die because they are deprived of the resources they need to save lives” says Dr Tellawi.
Save the Children report the 4,104 Palestinian children killed since 7 October is more than the annual number of children killed across all conflict zones since 2019. UN Secretary General Antonio Guterres recently described Gaza as a “graveyard for children”.
“The number of children being indiscriminately killed and dying because of the health system collapse is unconscionable” says Dr Tellawi.
The blockade on clean water, food, medicines, and fuel to operate bakeries, desalination and water treatment plants means that Palestinains, in addition to the cataclysmic military assault, face a dire public health catastrophe with spreading infectious diseases, malnutrition and starvation.
1. An immediate ceasefire in Gaza to end Israeli bombing and military attacks
2. Sufficient and effective humanitarian corridors to allow aid and fuel to enter Gaza immediately
3. The protection of healthcare workers and civilians in Gaza, demanding accountability from Israel for their actions
4. A UN peacekeeping force in Gaza to protect the Palestinian civilians”
“We are also very concerned at the escalating violence in the occupied West Bank with mounting military raids, detentions and killings of Palestinians. Hospitals and ambulances are fast becoming military targets there too” says Dr Tellawi.
Research – New Zealand households spend $77 a week on goods linked to child and forced labour – World Vision
New research, released today by World Vision, reveals that New Zealand imported nearly $8 billion worth of goods associated with child and forced labour in 2022.
The Risky Goods – Supply Chain Risk Report finds that 10% of the country’s imports are likely harvested, mined, or produced using modern slavery.
That means the average New Zealand household sp
2024 Calendar – Organic gardeners bare it all for a good cause
Aotearoa's nude gardening calendar unveiled for a green Christmas
Auckland, November 21 – This Christmas, the Soil & Health Association of New Zealand proudly presents its first Nude Gardening Calendar. It's not just your run-of-the-mill calendar – it's a celebration of organic gardening, regenerating the land, and a bit of good-natured cheekiness!
The 2024 Nude Gardening Calendar features people gardening au naturel in Aotearoa, in a tribute to organic growing practices.
“Gardening in the nude symbolises shedding the layers between us and nature. It's a statement of authenticity and joyful, connected living,” says Jenny Lux, organic market gardener from Rotorua and Co-Chair of Soil & Health NZ. “Every picture tells a story of cultivating not just plants but our total wellbeing.”
All proceeds from the 2024 calendar sales will go towards supporting the vital work of the Soil & Health Association, which is dedicated to promoting organic and regenerative practices, advocating for living soils, nutritious food, healthy people, and a thriving environment.
By purchasing the calendar, supporters not only acquire a unique conversation starter for their wall or the perfect Christmas present – they also contribute to a greener future.
“Being part of this calendar, which celebrates the connection between ourselves and the Earth, was an empowering experience,” says Rebecka Keeling, owner of Slow Blooms pick-your-own flower farm in Matakana. “At Slow Blooms, we grow according to permaculture ethics – which is about working with nature and not against it. Stripping away our clothes for the photo shoot felt like a metaphor for simplifying our lives and embracing the beauty of an organic, regenerative world.”
Claire Flynn is the designer for OrganicNZ magazine and the driving force behind the calendar.
“We wanted to plant the seed of sustainability in a way that's both entertaining and thought-provoking,” she says. “We are passionate about promoting a healthy and regenerative way of living, nurturing our soil for generations to come, and what better way to convey this message than through the art of nude gardening.”
The main photographer Imke Kauta, based in Bay of Plenty, specialises in capturing people in their most natural state, empowering them to love their bodies. She volunteered her skills for the project. “It was an honour to be trusted with capturing these impressive gardens and natural beauty of the human body,” Imke says.
The calendar is available for purchase on the OrganicNZ website. There are two calendar options – one for the stylish, slightly more modest gardener, and another one for those who don't mind a bit more 'cheek'. The calendar is priced at $30 for one or $55 for both versions. https://organicnz.org.nz/product/nude-calendar-2024/
Get in quick so you don't miss out on the most talked-about Christmas gift that will make your gardener fri
Global Bodies – Helping parliaments reach new heights in mountain adaptation – IPU
Geneva, Switzerland – The IPU and Adaptation at Altitude, a programme of the Swiss Agency for Development and Cooperation, have published a new Issue Brief for parliamentarians: Responding to climate change in the mountains: Opportunities for parliamentarians to act.
The Brief is designed to help parliamentarians identify policies and actions to adapt to the consequences of climate change in mountain ecosystems.
The publication comes in the lead-up to COP28, the UN Climate Change Conference, which starts on 30 November 2023 in Dubai, United Arab Emirates, and at which adaptation will be a critical item on the agenda.
Mountains are vital ecosystems for people and the planet. They provide fresh water for half of the world's population, host rich biodiversity and hold cultural importance for communities around the world.
Unfortunately, they are also facing severe impacts from climate change – rapid temperature increases, melting glaciers, more frequent and intense natural hazards, and changing precipitation patterns.
Climate change threatens the water, food and energy security of the 1.2 billion people who live in the mountains, and directly affects some 2 billion people who live in the lowlands and depend on mountain ecosystems for survival.
With their legislative, budgetary, oversight and representation functions, parliamentarians have key roles to play in accelerating climate action in mountain areas.
As representatives of the people, parliamentarians can help ensure that the needs of their constituents affected by climate change in mountain areas are addressed in decision-making processes.
They can prioritize legislation that explicitly supports climate action in the mountains and allocate adequate funding to mountain-specific adaptation efforts.
Legislation in spatial planning and development is key for sustainability and priority setting of climate change adaptation in mountains.
The Brief contains many actions that parliamentarians can take now as well as case studies from around the world.
The Issue Brief was launched at an online event, Mountains, Parliaments, and the Global Goal for Adaptation – Preparing for COP28, on Monday 20 November 2023.
The IPU is the global organization of national parliaments. It was founded more than 130 years ago as the first multilateral political organization in the world, encouraging cooperation and dialogue between all nations. Today, the IPU comprises 180 national Member Parliaments and 15 regional parliamentary bodies. It promotes democracy and helps parliaments develop into stronger, younger, greener, more gender-balanced and more innovative institutions. It also def