Brad Olsen analyses Govt's new budget rules on debt and surpluses
The Finance Minister has announced a new rule requiring governments to attempt to maintain a small surplus.
Grant Robertson says it's based on Treasury advice and means current spending is covered by current revenues.
He's also changing how Crown assets and debts are counted -- adding the previously-excluded balance sheets of the Super Fund, Kainga Ora, and Waka Kotahi.
Infometrics economist Brad Olsen spoke to Māni Dunlop.
Brad Olsen analyses Govt's new budget rules on debt and surpluses
The Finance Minister has announced a new rule requiring governments to attempt to maintain a small surplus.
Grant Robertson says it's based on Treasury advice and means current spending is covered by current revenues.
He's also changing how Crown assets and debts are counted -- adding the previously-excluded balance sheets of the Super Fund, Kainga Ora, and Waka Kotahi.
Infometrics economist Brad Olsen spoke to Māni Dunlop.