The Government has promised that this year we’ll see a no-frills budget, meaning that we won’t be seeing any flashy spending.  

This continues a long trend of politicians keeping our debt levels low rather than investing heavily in infrastructure needed for the future.  

So is this the best approach given the myriad challenges the country faces? And as a society do we need to become more willing to take on debt to make sure our cities are fit for the future?

Today, on The Front Page, Sense Partners economist Shamubeel Eaqub helps us understand why Aotearoa is so afraid of debt – and why that might need to change.  

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You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Damien Venuto
Producer: Shaun D Wilson
Executive Producer: Ethan Sills

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