6 Expensive Headwinds Of New Zealand 🇳🇿 (Young People MUST Know!)

6 expensive headwinds of New Zealand 🇳🇿 1. New Zealand has an ageing population. Cost = super + healthcare. 2. Health issues rising. I.e. Obesity and point 1. Cost = system strain. 3. Infrastructure deficit. Cost = rebuild or maintenance bill. 4. Brain/worker drain. Cost = lost taxpayers to fund the above. 5. Capital stuck in property. Cost = low productivity and low risk tolerance. 6. Education slipping. Cost = weaker future economy. Many have been watching these come at us for years, perhaps decades. But they aren’t going away anytime soon! ⚠️ As an individual you will need to plan accordingly. - Build income outside PAYE only - Own productive assets - Own / Grow businesses - Investing globally - Increasing your earning capacity - Look at medical insurances - Discuss financial situations with parents (rest home costs can wipe out wealth fast) - Have the “inheritance isn’t guaranteed” conversation - Prepare for more tax and more inflation What else Hosted on Acast. See acast.com/privacy for more information.