Craig Renney: Economist says if Govt don't borrow to invest we will find the infrastructure we want or need isn't there

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Recorded27 Apr 2023

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The Government is being called on to invest any money it may borrow, into things that create a stronger economy. Prime Minister Chris Hipkins has confirmed no major tax overhaul will be made this term, including on capital gains or a cyclone levy. Council of Trade Unions economist Craig Renney told Kate Hawkesby if we borrow for things like roads, schools and hospitals, we're all better off as a society. He says if we don't borrow or invest, simply to reduce debt, we will find ourselves in a situation where the infrastructure we want or need isn't there. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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