Treasury’s ongoing concerns about the fiscal position
ANALYSIS: In 1965, there were seven working-age Kiwis for every person over 65. Today, there are only four working-age Kiwis for every person over 65, and by 2065, it’s projected to be just two.
WATCH: NBR political editor Brent Edwards speaks with Simon Shepherd.
It is no surprise that last week the Treasury issued another dire warning about the state of the public finances.
As far back as 2009, it warned in its Long-Term Fiscal Statement that public spending would shape New Zealand’s future and could either expand or limit the choices of future
