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6 Jul 2025 5:41
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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.

    © 2025 Newstalk ZB, NZCity

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    The basketball might of the United States isn't fazing the Junior Tall Blacks ahead of their historic Under-19 World Cup semifinal, overnight in Switzerland More...


    BUSINESS BUSINESS
    The Toyota's RAV4's held it's top spot as the favourite passenger car - in a standout month for vehicle sales More...



     Today's News

    Accident and Emergency:
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    Basketball:
    The basketball might of the United States isn't fazing the Junior Tall Blacks ahead of their historic Under-19 World Cup semifinal, overnight in Switzerland 21:57

    Entertainment:
    Jessie J is feeling "positive and grateful" following her breast cancer surgery, but she is "missing being an active mum" and has stopped taking pain medication 21:36

    Rugby:
    An agonising three-point defeat for the Maori All Blacks ... but a historic win for Scotland ... on Sky Sport 21:17

    Entertainment:
    Olivia Munn has alleged a director tried to "ruin her chances" of working after a disagreement on set 21:06

    Entertainment:
    Dwayne 'The Rock' Johnson has thanked Jelly Roll for helping him through a "very hard" time 20:36

    Entertainment:
    Annabelle Dexter-Jones and Daniel Humm are married 20:06

    Entertainment:
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    Entertainment:
    Quinta Brunson is "looking forward" to her future away from Abbott Elementary 19:06

    Environment:
    Torrential rain has unleashed deadly flash floods along the Guadalupe River in south-central Texas 18:37


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