A podcast featuring former Treasury Secretary Dr. Murray Horne discusses the Treasury's revised economic forecasts amid oil shocks, emphasizing the need for fiscal discipline, transparency, and bold policy action to prevent future economic and human suffering.
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don't think it's I don't think it's going to be earthquake or GFC, but it's up there, you know, it's sort of, you know, middling negative shock. I don't think it'll be as bad as the first oil shock because we were far more dependent on it. But, you know, it's something that we should be facing the facts and making adjustment to rather than just keep borrowing and borrowing and borrowing.
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uncertain, high-stakes future planning
Murray Horn: Former Treasury Secretary and NZ Initiative Senior Fellow on Treasury revising their economic forecasts amid oil shocksSpotted something wrong on this page? Report a correction.
