The major lesson is that infrastructure spending, however brave at the time, is nearly always a good idea. SUPPLIED New Zealand needs a national infrastructure plan, says Sam Stubbs, founder of the Simplicity KiwiSaver scheme. The challenge for politicians is that infrastructure spending is a long term thing. Where is the National Infrastructure Plan that everyone can coalesce around? Government has got into a bad habit of encouraging low-ball private tenders for major infrastructure, thinking that the winning firms could, and would, pay up when things go wrong.

Source: Stuff June 15, 2020 16:52 UTC