Treasury has warned the Government that 'significant reforms' or 'reductions to public services' will be needed in the not-too-distant future if it sticks to its current, restricted spending track.

New reports reveal the Government will not post a surplus under the traditional Obegal measure until 2031 - even with this relatively tight spending.

Infometrics Principal Economist Brad Olsen explains the challenges impacting the Government - and how they can potentially turn this around.

LISTEN ABOVE

Treasury has warned the Government that 'significant reforms' or 'reductions to public services' will be needed in the not-too-distant future if it sticks to its current, restricted spending track.
New reports reveal the Government will not post a surplus under the traditional Obegal measure until 2031 - even with this relatively tight spending.
Infometrics Principal Economist Brad Olsen explains the challenges impacting the Government - and how they can potentially turn this around.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Brad Olsen: Infometrics Principal Economist on Treasury's latest warning to the Government

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/be1ae56f-8de2-4221-b7eb-b27a006a3ce9/transcript