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It is reversing a ban on oil and gas drilling, and is proposing a “fast-track” for big projects, including mines, that bypasses environmental checks. It has cut climate programs and jobs, scrapped electric vehicle subsidies, abandoned plans for one of the world’s largest marine sanctuaries and set aside a world-leading cow “burp” tax as it questions the science on methane, a potent greenhouse gas.
We are not running out of money and our debt level is near the lowest in the OECD.
The significant austerity measures around the country strongly disagree with you.
Auckland just canceled a significant number of its infrastructure projects, and the regional fuel tax along with significant cuts in maintenance - 30% reduction last I heard
Hamilton is nearly being mothballed to save money.
No idea about other major centers.
So noe ypu ask yourself: why?
Where is that money going?
Why are we having tax cuts of various types… only to borrow more money?
Ooo, I got quite good at this game. Let’s see…
A low GDP per capita economy, significant logistics chains and costs, low nation ownership of productive assets and banks, lack of economies of scale from infrastructure spread over a wide area with low population, surprisingly lack of accountability for project over runs…
And yes, class divide which funnels money upwards rather than reaching investment in the country.
Howd I do?