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21 May 2022 6:15
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  •   Home > News > Business

    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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     Top Stories

    RUGBY RUGBY
    The All Blacks Sevens have made big improvements leading into this weekend's World Series event in Toulouse More...


    BUSINESS BUSINESS
    It's hoped more competition will come about following the Government's war with the supermarket duopoly More...



     Today's News

    Rugby:
    The All Blacks Sevens have made big improvements leading into this weekend's World Series event in Toulouse 21:50

    Entertainment:
    Taylor Hawkins' friends have claimed he was "exhausted" by Foo Fighters' touring schedule before he died 21:41

    Rugby:
    All Blacks Sevens coach Clark Laidlaw is enjoying the mix of youth and experience in his squad 21:20

    Entertainment:
    Jeannie Mai had a "treacherous" experience with postpartum anxiety 21:11

    Politics:
    Canada bans China's Huawei Technologies from 5G networks 21:00

    Entertainment:
    Star Wars' move into television was an "organic" development for the franchise 20:41

    Entertainment:
    Andy Cohen is excited about trying different hairstyles on his daughter 20:11

    International:
    As the World Turns star Marnie Schulenburg dies, aged 37, two years after breast cancer diagnosis 19:50

    Entertainment:
    Anna Delvey is planning to hold an art show 19:41

    Rugby:
    Coach Aaron Mauger's clear on what he wants from Moana Pasifika in tonight's Super Rugby Pacific match against the Reds in Brisbane 19:30


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