I don't think NZ has sustained trade surpluses throughout my entire life. The government behaves reasonably prudently (financially) but the public as a group do not. I would be happy to see regulatory settings that incentivise more exporting and less consumption of imported product (from a micro focus I see potential for a rise in electric vehicles and a decline in fossil fuel vehicles to help our trade balance) so that genuine progress can be made on reducing the scale of private debt in NZ.
Do you like this suggestion?