Comments by "Ads Dft" (@adsdft585) on "We asked John Campbell your questions about the upcoming Budget | Ask 1News" video.

  1. Interest rates transfer money to the owners of debt and resources. Debt based economy.
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  2. Cheap to borrow money. During covid 19 there was a property boom as people borrowed with cheap loans .
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  3. Water fix up. Auckland water activity has been given permission to borrow more ( special law to be passed) . These have no government guarantees and Auckland City council can fund it. Aldo borrowing increases the cost the activity. As each project has the actual project cost plus the interest cost. These additional cost through interest are passed on (inflation). New government thinking!
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  4. The current Mayor of Auckland has highlighted that Auckland's needs are different .
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