News | Business
18 Aug 2022 8:29
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
     18 Aug: More calls for New Zealand employers to measure and publish their gender pay gaps
     18 Aug: The OCR may be rising, but that doesn't necessarily mean mortgage rates will go the same way
     18 Aug: Kiwis are spending more, but getting less bang for their buck
     17 Aug: The biggest jump in median weekly earnings since records began ... haven't closed the gender pay gap
     17 Aug: The Reserve Bank's warning interest rates will keep rising
     17 Aug: The Reserve Bank has increased the Official Cash Rate 50 basis points, taking it from 2.5 percent to three
     17 Aug: Supply chain issues that have tormented the construction industry, haven't stopped Fletcher Building delivering strong financial results
     Top Stories

    RUGBY RUGBY
    NZR boss Mark Robinson is welcoming the elevation of Joe Schmidt's role within the All Blacks More...


    BUSINESS BUSINESS
    More calls for New Zealand employers to measure and publish their gender pay gaps More...



     Today's News

    Cricket:
    A grind for New Zealand in their opening one-day cricket international against the West Indies at Barbados 8:18

    Law and Order:
    Police are continuing to investigate a brawl that forced Auckland's Papakura High School into lockdown yesterday afternoon 8:08

    Entertainment:
    Cameras strapped to dolphins capture surprise sea snake feast 7:58

    Soccer:
    Kosta Barbarouses has scored the first goal of his third stint at the Wellington Phoenix 7:58

    Business:
    More calls for New Zealand employers to measure and publish their gender pay gaps 7:48

    Entertainment:
    Comedian Teddy Ray reportedly died from drowning 7:42

    Business:
    The OCR may be rising, but that doesn't necessarily mean mortgage rates will go the same way 7:38

    Environment:
    The wild weather is expected to roll on, as severe warnings remain for the top of the South Island 7:38

    International:
    In a remote enclave, a young resistance army is challenging the might of Myanmar's junta 7:28

    Law and Order:
    A Coroner has ruled a Marlborough man died not from the crash he was involved in, but the antifreeze he drank afterwards 7:28


     News Search






    Power Search


    © 2022 New Zealand City Ltd