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Media release: New Zealand on dangerous path to higher public debt and unprecedented money printing, new report warns

Wellington, 12 June 2020 - New Zealand is now on a dangerous path to higher public debt and unprecedented money printing with no credible plan for unwinding the situation before the next crisis, warns a new report by The New Zealand Initiative. Covid-19 and the various types of lockdown responses have caused many governments to go even more heavily into debt and print money to sustain asset prices with borrowed money. Read more

Media release
12 June, 2020

No sign of strategic thinking

With Alert Level 1 approaching, there are few signs the Government has shifted its thinking towards capitalising on New Zealand’s coronavirus-free status. On Wednesday, Minister for Economic Development Phil Twyford fielded yet more criticism, this time for refusing to let an overseas fishing vessel undergo repairs at a Nelson shipyard. Read more

Roger Partridge
Insights Newsletter
5 June, 2020

Podcast #12: Oliver Hartwich explains why NZ’s economic institutions must be protected now

The Covid-19 crisis has quickly evolved from a health issue into an economic threat. The science was largely clear about what should be done to combat a pandemic, although historians will be the judge of those decisions, but there are plenty of competing ideas now about how to protect the economy after a pandemic. Read more

Dr Oliver Hartwich
Podcast
4 June, 2020

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