Latest FromNZ Treasury
![Govt accounts show pre-GST retail bonanza never happened](/pf/resources/images/placeholders/placeholder_l.png?d=792)
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.
!['Hubbard didn't invest money as instructed' says receiver](/pf/resources/images/placeholders/placeholder_l.png?d=792)
'Hubbard didn't invest money as instructed' says receiver
Reciever says he's not surprised the SFO is looking at certain loans.
![Govt claims credit for six-year inflation low](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Govt claims credit for six-year inflation low
The Government is claiming credit for low price rises, saying people have more money in their pockets on the back on low inflation and increasing wages.
![Ready, set ... and it's all slow on PPPs](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Ready, set ... and it's all slow on PPPs
Roads, schools, prisons - business wants a share of the action, but the Government is in no rush, reports Nick Smith.
![Maier joins Ngai Tahu day after SCF collapse](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Maier joins Ngai Tahu day after SCF collapse
South Canterbury Finance chief executive Sandy Maier became a director of Ngai Tahu Holdings the day after Allan Hubbard's finance company was placed in receivership.
![Govt deficit shrinks despite lower tax take](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Govt deficit shrinks despite lower tax take
The Govt's financial statements show the deficit shrank as bigger returns from the ACC and the Cullen Fund kicked in.
![Auditor-General to review deposit guarantee scheme](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Auditor-General to review deposit guarantee scheme
Lyn Provost is to review the Crown's Retail Deposit Guarantee Scheme which ended earlier this week having paid out $1.85bn.
![<i>NZ Dollar Outlook:</i> Kiwi to trail Aussie dollar higher](/pf/resources/images/placeholders/placeholder_l.png?d=792)
<i>NZ Dollar Outlook:</i> Kiwi to trail Aussie dollar higher
The Kiwi dollar will likely extend its run higher this week as the Australian currency looks set to test parity with the greenback, dragging the kiwi along with it.
![Extended retail deposit guarantee gets little traction](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Extended retail deposit guarantee gets little traction
Only seven companies - including the three "Heartland Bank" merger partners - have signed up for the Crown's extended retail deposit guarantee scheme.
![Switch people to dole, says Treasury](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Switch people to dole, says Treasury
About 80,000 people now on sickness and invalid benefits could be shifted on to the unemployment benefit under radical welfare reforms.
![Most Kiwis will have a few dollars more tomorrow](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Most Kiwis will have a few dollars more tomorrow
The "GST-income tax switch" will from tomorrow leave the vast majority of income earners with at least a few more dollars in their pockets each week.