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The real reason our government won't borrow to fix our infrastructure issues

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Manage episode 402371020 series 2895797
Content provided by Jane Yee and The Spinoff. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jane Yee and The Spinoff or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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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193 episodes

Artwork
iconShare
 
Manage episode 402371020 series 2895797
Content provided by Jane Yee and The Spinoff. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jane Yee and The Spinoff or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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?

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

193 episodes

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