Fiscal pros and cons of baby boomers

Jenny Ruth
Fri, 01 Nov 2019

Baby boomers are usually considered a huge fiscal problem as they retire and start drawing ever more superannuation and health spending just as the working-age population available to support them dwindles. For former Bank of New Zealand chief economist Tony Alexander, though, baby boomers may be the answer to the Reserve Bank's prayers in the next economic downturn. "Everybody at the moment is thinking when the next downturn comes along, monetary policy will be worthless, and I agree with that," Alexander says. The RBNZ has cut its of...

Try us for 10 days free

Each day we publish 10 to 20 originally-reported news stories on New Zealand business and the political economy.

You also get:

Instant alerts based on any keywords you choose.
A custom library of your saved stories.
An industry-leading search engine

After your trial subscriptions cost $24 a month or $249 a year.

If you don’t like our news service, we make it easy to quit with our one-button cancel.

Find out more

Opinion FREE

JEHAN CASINADER: Why the diversity debate really matters

Jehan Casinader | Sat, 30 May 2020

When I was an ambitious teenager, desperately trying to get a foothold in the competitive TV news business, the boss of a major current affairs show told me: “You’re the right colour to be on this pro...

Opinion

BRIAN GAYNOR: Stuff – Deal of the century or has Boucher caught a falling knife?

Brian Gaynor | Fri, 29 May 2020

Sinead Boucher’s purchase of Stuff for just $1 could be the deal of the century.

Markets

MARKET CLOSE: NZ shares outperform weaker global markets

Dan Brunskill | Fri, 29 May 2020

New Zealand shares edged higher today as positive earnings counterbalanced a weak lead from Wall Street as investors eyed escalating US-China tensions. The S&P/NZX 50 Index rose 25.72 points, or 0....