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29 May 2022 7:43
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  •   Home > News > Politics

    Auckland's Delta lockdown came with a whooping price tag -- but national debt is lower than feared

    Auckland's Delta lockdown came with a whooping price tag -- but national debt is lower than feared


    A Covid-19 paper produced by Treasury in November last year reveals heightened Covid-19 restrictions cost the economy eight-billion dollars.

    The true figures will be released when Statistics New Zealand publishes its economic data for the three months to December on March 17.

    The most interim Crown accounts, covering the four months to October 31, show Net core Crown debt as 8.5-billion dollars less than expected.

    It totaled out at just over 116-billion dollars - or 34.2 percent of GDP.

    © 2022 Newstalk ZB, NZCity

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     Today's News

    International:
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    Tennis:
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    Law and Order:
    Johnny Depp v Amber Heard is a defamation case. But it could have a chilling effect on domestic violence survivors 7:20

    Rugby League:
    The Warriors are kicking themselves after crumbling to a 24-16 NRL loss to the woeful Newcastle Knights in Redcliffe 7:20

    Rugby:
    A famous victory for Moana Pasifika to finish their maiden Super Rugby Pacific season in style 7:10

    Entertainment:
    Lorraine Bracco, Alessandro Nivola and Jamie Lee Curtis have led tributes to the late Ray Liotta 7:09

    Entertainment:
    Naomi Campbell praised Kate Moss after she took to the witness stand in Johnny Depp and Amber Heard's ongoing $100 million defamation trial 6:39

    Entertainment:
    James Corden is haunted by the "horror" of being told children have been gunned down in a school shooting 6:09

    Law and Order:
    A 22-year-old man will appear in an Auckland court tomorrow charged with murder - after a body was found in a walkway earlier this week 5:00

    Soccer:
    The showpiece of European club football is under an hour away 5:00


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