Latest / The Kākā by Bernard Hickey
The debt rules being used to strangle NZ
TL;DR: My top six news items of note on the morning of Tuesday, April 2 include:
* A review of council borrowing has found central Government-driven debt limits are strangling big councils’ ability to borrow to build enough infrastructure for growth, although some councils are further tightening the reins with even lower self-imposed limits and by over-playing fears of credit rating downgrades (see more detail and analysis below and in the podcast above, which includes my interview with Te Waihanga-Infrastructure Commission Director of Economics Peter Nunns);
* Christopher Luxon has announced…
The skinny
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