Treasury forecast: From $176m surplus to $401m deficit

New half-yearly forecasts by Treasury have seen the $176 million surplus forecast for the current financial year turn into a $401 million forecast deficit, but Finance Minister Bill English says he won't make any spending changes to try and maintain a surplus. "It's not disappointing; it's just another Treasury forecast,"

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Currency control?
New Zealand

Currency control?

The Reserve Bank of New Zealand is considering launching a central bank digital currency (CBDC). This episode explores why and how it could work.