Dawn chorus: 'A fiscal conservative'
Robertson reveals $60b improvement in debt outlook and leaves operating spending unchanged, but plans $7b extra in capital spend by 2035, mostly on housing; RBNZ requires 40% deposit for landlords
TLDR: Morena. Grant Robertson burnished his reputation as a “fiscal conservative at heart” in yesterday’s Budget Policy Statement. He lef the Government’s operational spending plans unchanged at an extra $2.625b a year for each of the next four years and the new capital spending allowance unchanged at less than $2b a year for the next four years, despit…
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