Borrowing

Nation of debt: How Covid-19 is changing the way we borrow

by

New Zealanders owe more than ever, but Covid-19 has brought with it a new question: is $120,000 a head too much debt, or not enough to get the economy back on its feet? NZ Herald’s Liam Dann investigates in this Herald Premium article. “There is room to accommodate more debt in the economy,” says Chris Bloor, manager … Read more

The Bulletin: Time right to borrow and spend, says Robertson

by
Grant Robertson at the Labour Party annual conference in Whanganui

Good morning and welcome to The Bulletin. In today’s edition: Robertson signals big borrowing to boost infrastructure, discarded e-scooters spark concern, and a big week coming for Auckland’s port.  The screams of joy from Keynesians echoed out across the land, after a government announcement that the purse strings would be loosened to fund infrastructure. The NZ Herald reports … Read more