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New Zealand Finmin Robertson: New Zealand will remain among least-indebted of peer nations

New Zealand’s Financial Minister, Grant Robertson has crossed the wires and said, ” New Zealand will remain among least-indebted of peer nations.”

Key comments

  • Sees opportunity to break housing shortage.
  • Net debt will rise well beyond previous targets.
  • Expects budget deficits for an extended time.
  • Budget economic outlook will be `sobering’.

More to come…

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