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Chris Hipkins says cost of living is ‘absolute priority’ as he becomes New Zealand prime minister

Successor to Jacinda Ardern says he is ‘energised and excited by the challenges ahead’ but is aware that households are suffering from rising costs

New Zealand’s new prime minister has said responding to cost of living pressures is his government’s “absolute priority”, as his swearing-in coincided with the release of stubbornly high inflation figures.

“New Zealanders will absolutely see in the coming weeks and months the cost of living is right at the heart of our work program,” Chris Hipkins said, in the first post-cabinet press conference of his tenure. “It is the number one priority that we are facing as a government and they will see tangible evidence of this,” he said.

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