A worrying $52 billion discrepancy
Bryce Wilkinson writes: Senior Fellow Bryce Wilkinson’s analysis reveals that since March 2009, New Zealand has spent $158 billion more overseas than it has earned, but its NIIP has only fallen by $32 billion. Statistics New Zealand shows that receipts from overseas reinsurers have made a significant contribution to funding that $158 billion. “We do
Source: kiwiblog.co.nz