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Monday, April 13, 2026

David Farrar: A fiscal reality check

The Taxpayer’s Union has found:

Total crown borrowing per household went from around $60k in 2017 to $120k in 2023

The govt deficit per household is around $7,000 each

Finance costs per household on crown debt gone from $2k in 2017 to $4k in 2023

The number of public servants went from 48k to almost 63k

David Farrar runs Curia Market Research, a specialist opinion polling and research agency, and the popular Kiwiblog where this article was sourced. He previously worked in the Parliament for eight years, serving two National Party Prime Ministers and three Opposition

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