Wednesday's Chorus: A lazy balance sheet

The Kākā by Bernard Hickey · Nov 11, 2025 · 8m

Briefly in the news in Aotearoa’s political economy around housing, poverty and climate on Wednesday, November 12:

* A fresh debate has blown up around whether the Government should sell state assets to fund investment in hospitals, roads and schools. Proponents describe this as ‘asset recycling’ and frame it as simply making the most efficient use of the Government’s balance sheet.

* PM Christopher Luxon even went as far as to say on Monday evening that the Government had a “lazy balance sheet,” which is a corporate term to describe a company that isn’t using its balance sheet, both its…