Hey big spender, spend another billion on me
Low productivity growth has been the Achilles heel of New Zealand’s economic performance.
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Remember former finance minister Steven Joyce’s claim that Labour’s fiscal plan for its 2017 general election campaign had an $11.7 billion “hole”?
Back then, Labour intended to spend $572 billion in the five years to 2021-22. That was “only” $12 billion more than the Treasury had
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Hey big spender, spend another billion on me
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