At the onset of Covid, governments around the world shifted to expansive fiscal policies and lowered interest rates to avoid economic shutdown. With Covid lock-downs behind us, why are most governments still spending considerably more than they were during that period? Brad Litt, Credit Trading Manager at Milford, talks to Ryan Bridge about why New Zealand is still grappling with persistent deficits post Covid, and how we compare to the US and Australia. This podcast is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a reliable indicator of future performance. Milford is an active fund manager with views and portfolio positions subject to change. Milford Funds Limited is the issuer of the Milford KiwiSaver Plan and the Milford Investment Funds. Please read the relevant Milford Product Disclosure Statement at milfordasset.com. Before investing, you may wish to seek financial advice. The disclosure statements of all Milford Financial Advisers contain more information and are available for free on request. For more information and to see our Financial Advice Provider Disclosure statement, please visit milfordasset.com/getting-advice

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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