New Zealand Treasury Urges Action on High Cost of Capital to Boost Economic Growth

In a pressing call to action, New Zealand's Treasury Department has highlighted the urgent need for the government to tackle the country’s soaring cost of capital, which is seen as a potential barrier to economic growth and investment. The Treasury's latest report indicates that the elevated cost of capital is hindering businesses from accessing the funds they need to innovate and expand.

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New Zealand Treasury Raises Alarm Over Surging Government Debt

The New Zealand Treasury has voiced growing concern over the increases in government debt that have blown out significantly through the economic downturn. A warning by the Treasury in a recent fiscal report made clear that the government needs to take action to contain what is rapidly becoming an unsustainable debt path.

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