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Government deficit

Treasury forecasts show weak economic growth will keep the Crown accounts in deficit until 2028 and add $50 billion to the national debt
30th May 24, 2:01pm
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Treasury forecasts show weak economic growth will keep the Crown accounts in deficit until 2028 and add $50 billion to the national debt
As US Modern Monetary Theory advocates make their case in Australia, Gareth Vaughan explains the world through their lens and how it might go down in New Zealand
24th Feb 24, 9:50am
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As US Modern Monetary Theory advocates make their case in Australia, Gareth Vaughan explains the world through their lens and how it might go down in New Zealand
Gareth Vaughan strives to spark a 21st century conversation on government debt, urging our politicians to leave the ghost of Rob Muldoon behind and focus on the real challenges New Zealand faces today
6th Oct 20, 11:56am
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Gareth Vaughan strives to spark a 21st century conversation on government debt, urging our politicians to leave the ghost of Rob Muldoon behind and focus on the real challenges New Zealand faces today
In a COVID-19 ravaged world, could Modern Monetary Theory help us break free of 'myths and misunderstandings holding us back' and stand up to our full height?
2nd Jul 20, 5:00am
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In a COVID-19 ravaged world, could Modern Monetary Theory help us break free of 'myths and misunderstandings holding us back' and stand up to our full height?
Economist Stephanie Kelton talks with DCReport editor David Cay Johnston about her new book, the Deficit Myth, Modern Monetary Theory and the Birth of the People's Economy
14th Jun 20, 10:38am
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Economist Stephanie Kelton talks with DCReport editor David Cay Johnston about her new book, the Deficit Myth, Modern Monetary Theory and the Birth of the People's Economy
PM John Key says Treasury has increased estimated cost of Christchurch rebuild to NZ$40 billion but govt still on track for 2014/15 return to surplus
29th Apr 13, 8:55am
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PM John Key says Treasury has increased estimated cost of Christchurch rebuild to NZ$40 billion but govt still on track for 2014/15 return to surplus
Government's 8-month operating deficit before gains and losses comes in at a lower than forecast deficit of NZ$3 bln thanks to a higher tax take
5th Apr 13, 10:34am
Government's 8-month operating deficit before gains and losses comes in at a lower than forecast deficit of NZ$3 bln thanks to a higher tax take
Govt finances in better position than expected in May Budget due to higher corporate and GST tax take; ACC losses blow out operating deficit
6th Jul 12, 10:00am
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Govt finances in better position than expected in May Budget due to higher corporate and GST tax take; ACC losses blow out operating deficit
BERL economist Ganesh Nana suggests government borrow from NZ mums and dads to finance new assets, rather than selling SOE shares
21st May 12, 12:11pm
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BERL economist Ganesh Nana suggests government borrow from NZ mums and dads to finance new assets, rather than selling SOE shares
BusinessDesk: Treasury Secretary Makhlouf urges public servants to revolt if they see processes which make no sense
2nd Mar 12, 5:00pm
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BusinessDesk: Treasury Secretary Makhlouf urges public servants to revolt if they see processes which make no sense
NZIER says govt will struggle to hit 2014/15 surplus without significant policy changes; Still sees OCR on hold til mid-2013
1st Mar 12, 1:05am
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NZIER says govt will struggle to hit 2014/15 surplus without significant policy changes; Still sees OCR on hold til mid-2013
Treasury defends accounting practice of not booking potential SOE dividend losses from SOE sell-down until after election
29th Feb 12, 11:32am
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Treasury defends accounting practice of not booking potential SOE dividend losses from SOE sell-down until after election
Govt operating deficit before gains and losses in yr to November 6% worse than PREFU forecast due to lower tax take, Treasury says
27th Jan 12, 10:01am
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Govt operating deficit before gains and losses in yr to November 6% worse than PREFU forecast due to lower tax take, Treasury says
Labour says it will get NZ$497 mln surplus in 2014/15; Extra borrowing would peak at NZ$4 bln in 2016/17; Alters PREFU to show net debt to zero in 2022
4th Nov 11, 1:00pm
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Labour says it will get NZ$497 mln surplus in 2014/15; Extra borrowing would peak at NZ$4 bln in 2016/17; Alters PREFU to show net debt to zero in 2022
Govt operating deficit before investment gains a record NZ$18.4 bln due to quake costs; EQC levies to jump threefold, Treasury says
11th Oct 11, 11:35am
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Govt operating deficit before investment gains a record NZ$18.4 bln due to quake costs; EQC levies to jump threefold, Treasury says
Higher tax take, lower expenses means govt deficit before gains and losses could be NZ$700m better than expected at NZ$16b, Treasury says
6th Jul 11, 10:00am
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Higher tax take, lower expenses means govt deficit before gains and losses could be NZ$700m better than expected at NZ$16b, Treasury says
High NZ$ pushes gross Crown debt 4.2% above budget forecasts, but doesn't hit net debt, Treasury says in govt financials
7th Jun 11, 9:59am
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High NZ$ pushes gross Crown debt 4.2% above budget forecasts, but doesn't hit net debt, Treasury says in govt financials
Govt fully aware its borrowing programme is creating demand for NZ$, potentially pushing currency up, English says
7th Jun 11, 9:25am
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Govt fully aware its borrowing programme is creating demand for NZ$, potentially pushing currency up, English says
Treasury's Budget 2011 forecasts more optimistic than achievable, Barclays Capital says
24th May 11, 1:22pm
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Treasury's Budget 2011 forecasts more optimistic than achievable, Barclays Capital says
South Canterbury Finance's expected related party loan losses rise, hit government's books
4th Apr 11, 11:33am
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South Canterbury Finance's expected related party loan losses rise, hit government's books
Govt deficit NZ$1.9 bln higher than forecast in 4 mths to Oct on low corporate tax, GST receipts, Treasury says
6th Dec 10, 10:02am
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Govt deficit NZ$1.9 bln higher than forecast in 4 mths to Oct on low corporate tax, GST receipts, Treasury says
Budget deficit better than forecast due to extra GST day
29th Jan 10, 11:25am
Budget deficit better than forecast due to extra GST day
NZ budget deficit 59% worse than forecast after 4 months; RBNZ losses flagged (Update 1)
4th Dec 09, 10:52am
NZ budget deficit 59% worse than forecast after 4 months; RBNZ losses flagged (Update 1)
Video: Government spending drives deficit
4th Nov 08, 2:32pm
Video: Government spending drives deficit