The implications of Joyce's pre-Budget fiscal shift
Mr Joyce is talking about resilience but most people want to hear about tax cuts.
Fri, 28 Apr 2017
Finance Minister Stephen Joyce's announcement of a lower long-term government debt target yesterday is another step in a long-term shift in New Zealand's fiscal stance.
National had already set a target of getting net debt below 20% of GDP by 2020: That is now being supplemented by a target of