Latest FromGovernment Spending
![NZ on Air report points to lax oversight](/pf/resources/images/placeholders/placeholder_l.png?d=808)
NZ on Air report points to lax oversight
A report into NZ on Air's music funding has recommnded more audits and more stringent checks before funding is granted.
![World shares rally on good Portugal news](/pf/resources/images/placeholders/placeholder_l.png?d=808)
World shares rally on good Portugal news
Equities in Europe and on Wall Street rallied after Portugal's successful bond sale eased concerns about the euro-zone's debt crisis.
![Corporate results, Japan boost mood on Wall St](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Corporate results, Japan boost mood on Wall St
Stocks on Wall Street were up as investors' confidence was underpinned by better-than-expected US earnings and international support for Europe's debt.
![Lack of scrutiny for $4.8m grant](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Lack of scrutiny for $4.8m grant
A trail of documents show a lack of communication, an absence of Cabinet papers and the lone hand of Finance Minister Bill English in approving $4.8 million in public money for an agency that was ultimately left out in the cold.
![GDP shrank 0.2pc in third quarter](/pf/resources/images/placeholders/placeholder_l.png?d=808)
GDP shrank 0.2pc in third quarter
Gross domestic product figures released this morning show NZ came close to a double-dip recession this year.
![Media scrutiny forces Carter to cancel holiday on public purse](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Media scrutiny forces Carter to cancel holiday on public purse
Independent MP Chris Carter was going to use his international travel perk for an overseas holiday but cancelled it after media found out, it was reported last night.
![<i>Bernard Hickey :</i>Why Australian banks are crucial if NZ goes bankrupt](/pf/resources/images/placeholders/placeholder_l.png?d=808)
<i>Bernard Hickey :</i>Why Australian banks are crucial if NZ goes bankrupt
What would happen if the world judged New Zealand Inc was unable to service its debts?
![<i>Inside Money:</i> Thank you very much for your kind donation](/pf/resources/images/placeholders/placeholder_l.png?d=808)
<i>Inside Money:</i> Thank you very much for your kind donation
We could fill this Government debt hole with a Telethon...
![Borrowing soars as deficit tops $15b](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Borrowing soars as deficit tops $15b
The amount the Government has to borrow each week has jumped from $250 million a week to $300 million a week.
![<i>Fran O'Sullivan</i>: We're in deep, but let's not be a Pig](/pf/resources/images/placeholders/placeholder_l.png?d=808)
<i>Fran O'Sullivan</i>: We're in deep, but let's not be a Pig
John Key yesterday displayed all the characteristics of a man deeply afflicted with political Tourette's syndrome.
![Govt's deficit is pushing the limit, says Key](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Govt's deficit is pushing the limit, says Key
Economic data to be released tomorrow will show the Government's fiscal position is on the outer limit of what it regards as acceptable, Prime Minister John Key says.