Chris Hipkins says NZ deserves a government with ambition

Labour leader says party will target ‘administered inflation’ to help combat the cost of living.

WATCH: Chris Hipkins addresses media at State of the Nation.

Simon Shepherd and Brent Edwards Mon, 23 Feb 2026

Labour Party leader Chris Hipkins emphasised the need to tackle the 'cost of living' in his State of the Nation speech and said the party would look closely at 'administered inflation" as a way of doing that.

When asked by NBR which policies would ensure inflation would not reach previous peaks

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