New Zealand Listener

Beware thinking big

Looking at the raft of transformation projects launched during the two terms of the Ardern government, there are striking parallels with Rob Muldoon’s Think Big schemes of the early 1980s. These were generally industrial and energy-related projects and relied heavily on overseas borrowing. They ultimately cost the New Zealand economy dearly rather than providing the mooted economicgrowth benefits.

The contemporary projects are typically heartland Labour,

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