The real reason our government won't borrow to fix our infrastructure issues
S&P Global's Anthony Walker joins Bernard to explain why NZ appeals so much to international investors, and why our coalition government is saying otherwise.
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Show Notes
Christopher Luxon has described Aotearoa’s government finances as fragile, but the most qualified folks in financial markets don’t see it that way. Bernard Hickey talks to S&P Global’s government ratings director Anthony Walker about just how fragile our government and local council finances actually are. According to Anthony, NZ’s AAA rating means international investors view NZ as a strong borrower with $120 billion worth of borrowing headroom to solve its infrastructure deficits. Yet the government still won’t borrow. Why not?
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