How Does Australia Pay High Wages but Still Keep Prices Low?
NOV 25, 202513 MIN
How Does Australia Pay High Wages but Still Keep Prices Low?
NOV 25, 202513 MIN
Description
<p>We're aways reading headlines about how Australia can pay higher wages than us but are also able to sell a cheaper cup of coffee. How do they keep the cost of living low while we struggle? What's Australia's secret sauce? Economist Mary-Jo Vergara says the answer is actually pretty simple.
</p><p>Questions this week for Susan:</p><p>00.44 - How does Australia pay high wages but still keep the cost of living low?</p><p>3.03 - What are my options if my religion prevents me from earning interest on my KiwiSaver account?</p><p>4.00 - My Visa details were expired, but the payment still went through. How?</p><p>6.56 - Why am I being charged a new service fee on international transactions on my credit card?</p><p>9.09 - What your landlord is allowed to do - and what they're not.</p><p>11.03 Audience Q&A for the week.</p><p>Expert input this week came from Mary-Jo Vergara of Kiwibank, Barry Coates from Mindful Money and Massey University's Claire Matthews.</p><p><em>If you have a money question you'd like Susan to try and answer, put it in an email or voice memo, then send it to <a href="mailto:[email protected]">[email protected]</a></em>.</p><p><a href="https://www.rnz.co.nz/podcast/no-stupid-questions?share=ab97648b-2df7-4bb3-a976-53c9d90aeab1">Go to this episode on rnz.co.nz for more details</a></p>