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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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