New Zealand humiliates Recessionberg with big infrastructure spend

Via Stuff:

The Government will invest an extra $12b in infrastructure over the next four years, including $6.8b on transport.

Finance Minister Grant Robertson unveiled the spending at the Half-Yearly Economic and Fiscal Update (HYEFU) on Wednesday afternoon, saying it was the right time to take advantage of low interest rates and “future-proof” New Zealand with stimulatory spending

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