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Macroeconomics professor discusses how NZ will fund our cyclone recovery

Author
Newstalk ZB,
Publish Date
Thu, 23 Feb 2023, 11:51am
Photo / Hawke's Bay Civil Defence
Photo / Hawke's Bay Civil Defence

Macroeconomics professor discusses how NZ will fund our cyclone recovery

Author
Newstalk ZB,
Publish Date
Thu, 23 Feb 2023, 11:51am

Over the past week, there has been much discussion around how the Government should fund our Cyclone Gabrielle recovery, and whether we should be shoring up existing infrastructure in anticipation of more weather events occurring.

Do we borrow? Do we tax? Do we reprioritise spending?

In light of the Cyclone disaster, Finance Minister Grant Robertson yesterday left the door open to a review of the Government's no new taxes policy.

To discuss, Robert Macculloch, the Matthew S. Abel Professor of Macroeconomics at University of Auckland joined Kerre Woodham.

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