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Showing posts with label Public spending practices. Show all posts
Showing posts with label Public spending practices. Show all posts

Friday, March 29, 2024

Dr Oliver Hartwich: Luxon's challenge - Fiscal discipline or tax cuts


New Zealanders recently learned about a new feature film. It will be about former Prime Minister Jacinda Ardern – and taxpayers will subsidise it to the tune of NZ$800,000.

Ardern had nothing personally to do with either the film or the subsidy. But her government’s loose spending habits left New Zealand’s public finances in a parlous state. That includes items like throwing hundreds of thousands of dollars at a hagiography for a retired politician.