About this episode
The old saying goes that money can’t buy you happiness – but it turns out, if you do rely on what’s in your wallet to keep you happy, you're going to need a lot of it.
Recently released analysis has suggested that a Kiwi family needs a household income of just shy of $200,000 to hit that point, with those in Auckland facing a higher price point on the road to contentment.
But that figure is roughly $80,000 higher than the average household income.
So, while productivity and tax cuts are being debated on the election campaign trail, is there anything we can do to change our low-wage economy? Or do we need to re-examine the relationship between money and happiness?
Today, on The Front Page, Auckland University economics Professor Robert MacCulloch, joins Damien to evaluate if any of us can really find enlightenment through our bank balance.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Damien Venuto
Producer: Shaun D Wilson
Executive Producer: Ethan Sills
See omnystudio.com/listener for privacy information.
Get every episode summarized
Each time The Front Page publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from The Front Page
Are we buying the wrong cars in the fuel crisis EV boom?
The Front Page
How illicit tobacco quietly grew to a quarter of all cigarettes sold here
The Front Page
Why Trump’s Iran blockade could backfire at sea
The Front Page
Inside the push to fix Luxon’s media image
The Front Page