News | Business
20 Aug 2022 2:14
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
     19 Aug: The country's largest bank is lifting its floating home rate, following the latest hike to the Official Cash Rate
     19 Aug: Any supporter hopes that Manchester United's American owners, the Glazer family, might sell could be false
     19 Aug: Auckland Transport's making changes to ferry services
     18 Aug: Australian baby goods retailer Baby Bunting is planning expanding in New Zealand
     18 Aug: Auckland Airport's profit is yet to take off again
     18 Aug: Funding to ensure new buildings in the capital are up to scratch when it comes to the environment
     18 Aug: Campaigners are calling for a solution to New Zealand's persistent gender pay gap
     Top Stories

    RUGBY RUGBY
    Tasman will fly out on game day for their Bunnings NPC match against North Harbour at Albany Stadium More...


    BUSINESS BUSINESS
    The country's largest bank is lifting its floating home rate, following the latest hike to the Official Cash Rate More...



     Today's News

    Accident and Emergency:
    Police can confirm one person has died following the serious crash on the Waikato Expressway this evening 21:48

    Entertainment:
    Lee Pace has revealed he's married his longtime partner Matthew Foley 21:42

    Health & Safety:
    In Health News.....New research has found smoking, drinking alcohol, being overweight and other known risk factors were responsible for nearly 4.45 million cancer deaths around the world in 2019. 21:18

    Entertainment:
    Mark Hoppus contemplated suicide when he was diagnosed with cancer 21:12

    International:
    The Loop: Top cop resigns after lewd comment, Apple's security flaw, 9yo saves mum's life 21:08

    Entertainment:
    Jonah Hill will no longer promote any of his films 20:42

    Entertainment:
    Kid Cudi suffered a stroke while in rehab 20:12

    Law and Order:
    Bali bombmaker Umar Patek has sentence reduced, Anthony Albanese confirms 20:08

    Entertainment:
    Quinta Brunson says her first television role in 'New Girl' was "the biggest deal" to her 19:42

    Entertainment:
    Christine Quinn isn't coming back to 'Selling Sunset', according to sources 19:12


     News Search






    Power Search


    © 2022 New Zealand City Ltd