
Foreign investors keep piling into NZ govt debt
Foreign investors boosted their share of government debt on issue last month to just shy of $28b, as the Crown borrows $300m a week to maintain its spending programme.
Foreign investors boosted their share of government debt on issue last month to just shy of $28b, as the Crown borrows $300m a week to maintain its spending programme.
The Govt's case for selling down some asset stakes sits on a three-legged stool. On examination it is not particularly sturdy.
Just 6 per cent of investors think shares offer the best rate of return, while rental property is still a popular investment, according to a survey by ASB.
Transport Minister says many questions remain over $2 billion-plus project.
The day started badly when I saw that pseudo-farmer decked out in fashion swandri on the TV ad this morning explaining why he traded in gold bullion.
We could fill this Government debt hole with a Telethon...
The amount the Government has to borrow each week has jumped from $250 million a week to $300 million a week.
English confident of return to surplus, but spending limits will have to stay.