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Kiwi Life

Is New Zealand past the point of no return?

6 April 2024

9:00 AM

6 April 2024

9:00 AM

Given that New Zealand has now entered into a recession, in spite of record migration levels and population growth, many would agree with Prime Minister Christopher Luxon’s blaming this on the previous Labour government, saying they should stay out of power for a generation. Moreover, the International Monetary Fund states that housing affordability issues are particularly serious in New Zealand; government debt of about 20 per cent of GDP has increased more quickly than in other countries in recent years;  and we are making slower progress in tackling inflation.

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