“We have no money, so we shall have to think.” That line is ascribed to New Zealand physicist Ernest Rutherford before he cracked the atom.

The country’s current Prime Minister, Christopher Luxon and his Finance Minister Nicola Willis face a rather different conundrum, albeit under the same constraint: How do you deliver modern infrastructure when Treasury’s 2025 long-term fiscal statement projects government debt reaching 200 per cent of GDP by 2065?

To read the full article on The Australian website, click here.