News | Business
12 Aug 2022 3:07
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Our Finance Minister says the Crown's books look good -- despite challenges in the global economy

    Our Finance Minister says the Crown's books look good -- despite challenges in the global economy


    For the 11 months to the end of May 2022, the Operating Balance before Gains and Losses deficit was 5.5 billion below what was forecast in the latest budget.

    Core expenses were also 1.4 billion below what was forecast -- and tax revenue was three percent higher.

    But, it's not all good news ... with net debt 4.3 billion dollars higher than predicted - largely attributed to weaker market conditions.

    Grant Roberston says they're working hard to shield Kiwis from the impacts of global headwinds -- while carefully managing Government accounts.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     11 Aug: Gas users and experts call for federal crackdown on east coast 'gas cartel'
     11 Aug: Kiwis with itchy feet are taking the chance to see the world again
     11 Aug: The property market is varying between regions
     11 Aug: Global uncertainty is continuing to affect KiwiSaver balances
     11 Aug: The average house price has fallen for the first time in 11 years
     11 Aug: Economic uncertainty is hitting our KiwiSaver balances
     10 Aug: Cigna Life Insurance has admitted misleading customers by increasing life insurance cover more than required to cover inflation
     Top Stories

    RUGBY RUGBY
    Richie Mo'unga has been handed the keys to the All Blacks for Sunday's crucial Rugby Championship test against the Springboks at Ellis Park More...


    BUSINESS BUSINESS
    Gas users and experts call for federal crackdown on east coast 'gas cartel' More...



     Today's News

    Entertainment:
    Kim Kardashian is "very supportive" of Pete Davidson's decision to attend therapy 21:50

    Politics:
    Labour party high ups have responded to allegations of bullying within parliament 21:49

    Rugby:
    Richie Mo'unga has been handed the keys to the All Blacks for Sunday's crucial Rugby Championship test against the Springboks at Ellis Park 21:39

    Entertainment:
    Ben Affleck's house is for sale for $30 million 21:20

    Law and Order:
    A search continues for missing Waikanae Beach man 21:19

    International:
    The Loop: Defence royal commission interim report released, Donald Trump invokes the Fifth Amendment, and Spider-Man turns 60 21:09

    Entertainment:
    Normani has "real life s*** going on in [her] personal life" 20:50

    Entertainment:
    Raymond Briggs has died at the age of 88 20:20

    Entertainment:
    Olivia Wilde has won her custody battle against her ex Jason Sudeikis 19:50

    Entertainment:
    Anne Heche's son is advocating for her in hospital 19:20


     News Search






    Power Search


    © 2022 New Zealand City Ltd