A podcast interview with Fitch's head of Asia-Pacific Sovereigns, Thomas Rookmaaker, discusses concerns over New Zealand's deteriorating government debt trajectory and the likelihood of a credit rating downgrade due to delayed fiscal consolidation and rising debt-to-GDP levels.
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Run your business like a well-oiled machine on NZ Most Reliable Mobile Network. Search One New Zealand Business Mobile. Plans from 40 dollars a month, awarded by Umlauten 2025. Fair use in terms of play. Price excludes GST. One New Zealand. Let's get connected. Evening coming up in the next hour, we're going to have a chat to Milford Asset Management about this Titanic meeting between President Trump and X and what the financial markets are expecting from this. Bryce Edwards on what chance the opportunities party actually has at this election. And we'll also go to the UK on the Starmer drama, seven past six. Now, New Zealand's international credit rating is reaching something of a tipping point. So far this year, both Moody's and Fitch have downgraded the country's financial outlook to negative. Fitch's top analysts are in the country at the moment. We've got one of them, Thomas Rookmarker, is Fitch's head of Asia Pacific Sovereigns. Hi Heather. What is the thing that you're worried about? Is it our country's debt?
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doubtful confidence in future debt reduction measures
Thomas Rookmaaker: Fitch Head of Asia-Pacific Sovereigns explains why NZ's credit rating was downgradedSpotted something wrong on this page? Report a correction.
