Govt predicts a 'paper-thin' surplus
The Government books are on track to deliver the promised surplus in 2014 - 15 but at $86 million, still a very small one, despite improvements in the economy.
The Government books are on track to deliver the promised surplus in 2014 - 15 but at $86 million, still a very small one, despite improvements in the economy.
An new interactive tool developed by a Victoria University professor in conjunction with Treasury lets people address the Government's long-term financial pressures.
Political correspondent John Armstrong spoke to Treasury's head about how he is changing the department's culture ahead of the release of its long-term fiscal projections.
The New Zealand government posted a smaller operating deficit than forecast in the 11 months ended May 31.
Editorial: Naturally enough, the Government was keen to put the entire blame for what happened on "politicking" by Labour and the Greens.
The government kept a smaller operating deficit than forecast in the first nine months of the financial year, even as the cost of the Canterbury earthquakes grew.
The New Zealand government had a smaller operating deficit than expected in the first eight months of the financial year as it took in more income tax than it had forecast.
Prime Minister John Key has denied that the Solid Energy crisis and Telecom job cuts are a black mark against the Government's handling of the economy.
Solid Energy is in crisis, with a Government bailout almost inevitable, mine closures possible and further job cuts likely in another restructure to try to salvage it.
The New Zealand government had a smaller than expected first-half operating deficit after Treaty of Waitangi settlement costs didn't eventuate in the period.
A month after releasing new budget forecasts, the New Zealand government is tracking above them.
The New Zealand government's operating deficit was wider than forecast in the first four months of the financial year.
A rise in household incomes that is greater than the average house price rise makes recent real estate market buoyancy unsurprising, says Bill English.