Hey big spender, spend another billion on me
Low productivity growth has been the Achilles heel of New Zealand’s economic performance.
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
Analysis,
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