Finally, Govt turns to borrowing to try to solve our infrastructure deficit

After years of trying to avoid borrowing with Crown or council guarantees to keep pristine credit ratings, the Govt will quietly allow 500% debt-to-revenue for still-on-balance-sheet water entities

TL;DR: My top six things to note around housing, climate and poverty in Aotearoa’s political economy on Friday, August 9 are:

1. It wasn’t that hard was it?

Govt gives up on fantasy of off-balance-sheet water without guarantees

Photo by Erlend Ekseth on Unsplash

Local Government, Transport and Energy Minister Simeon Brown, Commerce Minister Andrew Bayly a…