Scoop: NZ Govt has more assets than debt

The Kākā by Bernard Hickey · Jun 9, 2026 · 20m

Here’s the key news in Aotearoa’s political economy over the last day or so around housing, climate and poverty, along with analysis and detail in the video and podcast above, and in the PDF of the presentation attached below, for paying subscribers:

* The Lead: The Government has convinced the nation that a scary ghost story about public debt from the days of Rob Muldoon and Ruth Richardson is still real, even though the Government’s assets are now worth far more than its debt. That debt is also not vulnerable anymore to the exchange rate and interest rate risks that made it so risky in…