Report highlights NZ's over-reliance on public debt to fund infrastructure deficit
15 June, 2023
A new report into our infrastructure is highlighting New Zealand's over-reliance on public debt to fund our infrastructure deficit - which currently is at $210 billion.
It warns of two issues - government being too involved in deciding what infrastructure should be built where, and borrowing excessively to fund new infrastructure.
Research fellow and report author at the New Zealand Initiative Dr. Matthew Birchall joined the Mike Hosking Breakfast.