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29 Mar 2024 14:18
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  •   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.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Golf:
    Top New Zealand golfer Lydia Ko has had a solid opening round at the latest LPGA Tournament in Arizona 14:07

    Cricket:
    The White Ferns are struggling to post a competitive score in the 5th T20 clash against England in Wellington 14:07

    Entertainment:
    Christina Applegate regrets lying about how she felt during her battle with breast cancer 13:53

    Rugby:
    The Matatu aren't giving up on their season even though they're no hope of making the Super Rugby Aupiki final 13:47

    Entertainment:
    Meghan, Duchess of Sussex is reportedly aiming to make cash selling dog treats and chicken feed 13:23

    Law and Order:
    A scene examination is underway, following the death of a man after an incident yesterday, at a restaurant in Auckland's Browns Bay 13:07

    Entertainment:
    Pregnant mum-of-one Ashley Tisdale has admitted she vowed never to have a second baby 12:53

    Soccer:
    An 11th-hour broadcast replacement has saved the blushes of administrators in football's A-Leagues 12:27

    Entertainment:
    Kelly Clarkson is reportedly happy and has no regrets about ending her marriage to Brandon Blackstock 12:23

    Living & Travel:
    South Africa bus crash leaves at least 45 dead after vehicle plunges off bridge and catches fire 11:57


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