Top NZ financier's plan for affording more public infrastructure

Andrew Bascand proposes innovative ways to fund public infrastructure. (Image: Supplied)

Mon, 10 Feb 2025

New Zealand could afford a lot more public infrastructure and take on less debt if it made better use of Government-owned assets and implemented a low-rate levy on every house sale, says leading financial markets participant Andrew Bascand.Speaking exclusively to BusinessDesk, the Harbour Asset Management founder outlined two bold new ideas for infrastructure funding, billed as “ideas generation”.As well as increasing the capital pool for infrastructure, the proposals would avoid two stale political debates over the privatisation of...

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