How opening the books gives voters clear view of trade-offs
ANALYSIS: Future governments face choice between constrained spending or raising taxes.
WATCH: NBR political editor Brent Edwards speaks with Nicholas Pointon.
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When the National Party assumed power after the 1990 election the new government was dismayed by a set of government books which were worse than outlined in that year’s Budget.
After the election the incoming government found it had to bail out then State-owned Bank of New Zealand to the tune of
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