News | Business
17 Aug 2022 8:19
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
     17 Aug: Aucklanders are willing to spend big for sea views
     16 Aug: MPI officials are rejecting suggestions China's been banning New Zealand meat imports
     16 Aug: Earthquake strengthening may not be the disaster many Wellington building owners should be fearing
     16 Aug: Challenging times remain, but there's a glimmer of hope when it comes to inflation
     15 Aug: Restaurants say the commission charged for food delivery can make it impossible to turn a profit
     15 Aug: New Zealand's avocado growers are remaining upbeat, despite predictions the industry could take a hit
     15 Aug: Uber generated 1.2-billion dollars in economic value for New Zealand last year
     Top Stories

    RUGBY RUGBY
    Could the All Blacks' Ellis Park revival to defeat the Springboks save Ian Foster's job? More...


    BUSINESS BUSINESS
    Aucklanders are willing to spend big for sea views More...



     Today's News

    Environment:
    Paying a premium 8:08

    Entertainment:
    Fantastic Beasts actor Ezra Miller announces treatment for 'complex mental health issues' after arrests for burglary and assault 7:58

    Rugby League:
    Warriors interim coach Stacey Jones is refusing to get carried away after their biggest win of the NRL season as they head back across the Tasman to play North Queensland 7:58

    Law and Order:
    A Remuera eye surgeon charged with murdering his wife, is now out on bail, as he awaits his trial 7:48

    Rugby:
    Could the All Blacks' Ellis Park revival to defeat the Springboks save Ian Foster's job? 7:48

    Entertainment:
    Jennifer Lopez has told Britney Spears to "stay strong" 7:42

    Environment:
    Buller residents are ramping up preparations, as another wave of rough weather kicks in 7:38

    Business:
    Aucklanders are willing to spend big for sea views 7:28

    International:
    As Xi Jinping ordered missiles to be fired over Taiwan, some residents on these tiny Kinmen islands feared a return to the past 7:28

    Law and Order:
    An extreme example of how small acts can become fatal 7:18


     News Search






    Power Search


    © 2022 New Zealand City Ltd