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Report highlights NZ's over-reliance on public debt to fund infrastructure deficit

Author
Newstalk ZB,
Publish Date
Thu, 15 Jun 2023, 7:53am
Minister for Infrastructure Grant Robertson. Photo /Supplied
Minister for Infrastructure Grant Robertson. Photo /Supplied

Report highlights NZ's over-reliance on public debt to fund infrastructure deficit

Author
Newstalk ZB,
Publish Date
Thu, 15 Jun 2023, 7:53am

A new report into our infrastructure is highlighting New Zealand's over-reliance on public debt to fund our infrastructure deficit - which currently is at $210 billion.

It warns of two issues - government being too involved in deciding what infrastructure should be built where, and borrowing excessively to fund new infrastructure.

Research fellow and report author at the New Zealand Initiative Dr. Matthew Birchall joined the Mike Hosking Breakfast.

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