Robertson trails coat on higher govt debt

Grant Robertson faces the media after his first pre-budget speech. (Image: BusinessDesk)

Thu, 11 May 2023

Next week’s budget will contain “no major changes on tax”, says the finance minister, Grant Robertson, but he is leaving open the potential for government debt to rise from current levels to meet infrastructure needs.“From the point of view of the government’s finances, we do have the space within the fiscal rules that we set to manage the costs associated with responding to covid-19 and the recent extreme weather events,” he told a Wellington business audience in the first of three pre-budget speeches betwee...

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