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"Especially when such a large chunk of spending is off-limits (NZ Super) & also rises faster than GDP because it's indexed to wage inflation & our population is ageing. It's a recipe for more stress, burnout & forced migration by doctors, nurses, police officers. 
thekaka.substack.com/p/willis-scr..."

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title:

"Willis screws down fiscal lid even tighter"

description:

"Finance Minister directs public service to freeze costs to screw down Govt share of GDP; Power prices explode as dry winter, gas shortages & renewable power investment drought create perfect storm"

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createdAt:

"2024-08-07T20:50:40.252Z"