Is our aversion to debt holding us back?
Thanks largely to decades of underinvestment, New Zealand’s government debt is actually quite low, but when faced with a $100 billion infrastructure deficit, The Kaka Editor Bernard Hickey suggests borrowing more could be the fastest and cheapest solution
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Finance Minister Nicola Willis has again characterised the Government’s finances as too fragile to borrow in its own right to solve Aotearoa-NZ’s infrastructure deficits. Continue →