Economist: NZ's private debt more worrying than Govt's borrowing | Q+A 2024

The Deputy Secretary of Treasury laid out the stark reality of the New Zealand economy's structural deficit in a speech this week. Dominick Stephens says for the Government to return to surplus when it plans to, policy changes that are "unprecedented in recent history" are needed. Economist Dr Ganesh Nana says the situation is more complex than that, and says Kiwis should be more worried about levels of private debt than the Government's borrowing. Join Jack Tame and the Q+A team and find the answers to the questions that matter. Made with the support of NZ on Air.