George H. W. Bush’s broken tax pledge serves as a warning for New Zealand Prime Minister Luxon, facing economic challenges and tax promises. Learning from history is key for responsible leadership. […]
The debate on New Zealand’s public finances intensifies, focusing on long-term fiscal sustainability and concerns over proposed higher government debt levels. Prudent decisions are crucial. […]
New Zealand’s public finances are in disarray with high government spending, increased debt, and deficits. The new government faces the challenge of fiscal consolidation and needs bold action for budget repair. […]
New Zealand’s Labour Government proposes optimistic financial forecasts amidst rising spending and welfare, reminiscent of unfulfilled promises historically. Challenging fiscal cleanup awaits the next administration. […]
The New Zealand Initiative’s report criticizes the Sixth Labour-led Government’s fiscal performance, highlighting poor outcomes of government spending and the need for better policies. […]
New Zealand’s 2023 Budget reveals substantial spending, higher taxes, and increased borrowing. But optimistic economic forecasts and plans to repay mounting debt raise concerns about the government’s fiscal strategy. […]
After the 2008 crisis, Greece’s debt rating plummeted. Similarly, New Zealand’s high rating may not reflect its true economic state. […]
Reality obviously has not caught up with this Government yet. New Zealand is facing an economic crisis, but the Government is having none of it. […]
To keep international investors’ trust, we must remain squeaky clean in our fundamental economic institutions. If we are not, New Zealand will come out of the Covid-19 crisis as a broken economy and a failed state. […]
It must indeed be tempting to binge on infrastructure spending as Berlin can now borrow for 30 years at a negative interest rate of 0.11 percent. But should the Germans do so? […]
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