ISSUE 2 · OCTOBER 2026

TAX. SPENDING. SERVICES. NEW ZEALAND.

The distance between a decision and its consequences.

Someone makes a decision in Wellington. The rest of us have to live with it.

Read the Issue 2 editorial New article: New Zealand Is Not Broke →
Money & State Issue 2 cover, titled A Vacancy Is Not a Nurse, showing an exhausted nurse in a crowded hospital corridor
Cover: AI-generated editorial illustration. It does not depict an actual patient, clinician or specific New Zealand hospital.

Money & State is Dave Ananth’s independent publication for practical writing on tax, debt, business, public systems and policy. It is written for readers who value analysis over social-media engagement.

02 / HEALTH AND PUBLIC SYSTEMSAUCKLAND · NEW ZEALAND

In this issue