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![Deficit worse than forecast - $10.1b](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Deficit worse than forecast - $10.1b
The New Zealand government ran an operating deficit of $10.16 billion in the nine months ended March 31, almost 15pc worse than forecast. The government faces a potential credit rating downgrade from Standard and Poor's unless it can...
![Clampdown on tax credits as changes kick in](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Clampdown on tax credits as changes kick in
Thousands of households could lose their eligibility for Working for Families tax credits from tomorrow, but companies and beneficiaries stand to gain as a raft of regulatory changes across government departments kicks in.
![Half of Kiwi businesses want common economic zone](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Half of Kiwi businesses want common economic zone
Almost half of all Kiwi business owners would vote for a common economic zone and currency with Australia.
![More to be done on tax, education, says Treasury secretary](/pf/resources/images/placeholders/placeholder_l.png?d=808)
More to be done on tax, education, says Treasury secretary
More can be done to improve the tax system to promote economic growth, says Treasury secretary John Whitehead.
![Govt accounts show pre-GST retail bonanza never happened](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Govt accounts show pre-GST retail bonanza never happened
The Govt's budget cash deficit is wider than forecast as an expected spending surge ahead of the increase in GST failed to eventuate and companies paid less tax.