Q&A with Liam Dann: Inflation, interest rates, unemployment, wages - your questions answered

Business Editor at Large Liam Dann explains inflation, and what it means for you and your money. Video / Cameron Pitney

Kiwis are set for a painful stretch of belt-tightening as inflation hits record highs, house prices continue to skyrocket and wages lag.

Wondering how all this will affect you? We asked our in-house expert, business editor-at-large Liam Dann, to answer subscribers' questions. See the conversation below.

• Questions are now closed - thanks to everyone who took part. Stay tuned for another expert Q&A next week.