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Right, a proper look at that May 2026 benefit data. People claiming a working-age benefit increased by 8,040 people over the year to May 2026. That's pretty much bang on 2% - double population growth. So, yeah, it's shit. Here's the areas that have had it grimmer... Auckland wtf. [🧵1/n]
Yeah, there you go. Things are still getting worse in the big city, but the rate of turning to custard has slowed. This is still bad folks. This should be instant change of Govt territory. Simply awful economy management. [5/n]
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If this is correct, the main difference is simply that the Aus govt gets the share of the NZ capital gain that would have gone to the NZ govt if NZ had a CGT.