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Economy

  • Core Crown debt interest is forecast to hit NZD $10 billion by 2027 (2% of GDP)

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  • NZ’s current account now worst in the OECD and worse than the GFC

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  • FACT CHECK: GDP by Prime Minister

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  • >70% of NZ inflation is caused by non-tradable (primarily domestic) inflation

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  • NZ in recession. GDP = -0.1%. GDP per capita = -0.7%.

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  • Inflation still easily the #1 issue. Crime leaps to #2. Education rising.

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  • 10 deficits in 15 years

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  • Core Crown tax revenue hits 30% of GDP. Expenses 1/3 of GDP.

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  • Government debt has more than doubled in 4 years

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