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Crown accounts

Crown accounts for November show revenue doing better than forecast in the half-year update
25th Jan 24, 12:13pm
8
Crown accounts for November show revenue doing better than forecast in the half-year update
Ratings agency Fitch says persistent fiscal slippage and a more challenging macroeconomic backdrop have raised risks, and gross general government debt may now peak at about 47% of GDP next year
23rd Oct 23, 6:00am
by Guest
30
Ratings agency Fitch says persistent fiscal slippage and a more challenging macroeconomic backdrop have raised risks, and gross general government debt may now peak at about 47% of GDP next year
New Zealand added $9 billion to its debt during the year as some tax revenue slowed
5th Oct 23, 1:02pm
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New Zealand added $9 billion to its debt during the year as some tax revenue slowed
Greens policies will raise revenue higher than expenses according to a review by Infometrics
1st Oct 23, 3:45pm
50
Greens policies will raise revenue higher than expenses according to a review by Infometrics
The Government may pick up an extra $14.6 billion of debt over the next four years as the economic slowdown hits tax revenue
21st Aug 23, 2:48pm
20
The Government may pick up an extra $14.6 billion of debt over the next four years as the economic slowdown hits tax revenue
Finance Minister Grant Robertson has been searching for savings as corporate tax revenue falls below Treasury forecast
4th Aug 23, 6:34am
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Finance Minister Grant Robertson has been searching for savings as corporate tax revenue falls below Treasury forecast
Falling tax revenue causes the Government accounts to dip further into the red for the first 10 months of the financial year
8th Jun 23, 1:18pm
15
Falling tax revenue causes the Government accounts to dip further into the red for the first 10 months of the financial year
Minister of Finance Grant Robertson says tough decisions were made for Budget 2023 as Government revenue falls below expectations
9th May 23, 11:26am
74
Minister of Finance Grant Robertson says tough decisions were made for Budget 2023 as Government revenue falls below expectations
Do banks really make too much profit? And what would we gain if they made less? What would we lose?
12th Nov 22, 8:53am
26
Do banks really make too much profit? And what would we gain if they made less? What would we lose?
Budget in rude health with a year until Election 2023, giving plenty of room for Labour to brandish middle class welfare and National to offer tax breaks for high earners and landlords
6th Oct 22, 9:37am
58
Budget in rude health with a year until Election 2023, giving plenty of room for Labour to brandish middle class welfare and National to offer tax breaks for high earners and landlords
Accounts show NZ economy performed well before the Delta outbreak, thanks in part to seismic amounts of fiscal and monetary stimulus
12th Oct 21, 1:01pm
35
Accounts show NZ economy performed well before the Delta outbreak, thanks in part to seismic amounts of fiscal and monetary stimulus
Surging tax collections and spending plans that haven't yet gained any momentum are resulting in enormous changes in the Crown Accounts results
1st Jul 21, 1:39pm
4
Surging tax collections and spending plans that haven't yet gained any momentum are resulting in enormous changes in the Crown Accounts results
Government books only $3.2 billion in the red, as New Zealanders spend more and require less support via the wage subsidy than expected
10th Nov 20, 11:22am
52
Government books only $3.2 billion in the red, as New Zealanders spend more and require less support via the wage subsidy than expected
Net core Crown debt up $12.4 in April, as wage subsidy sees expenses soar; Crown accounts $12.8 billion in deficit
10th Jun 20, 3:34pm
35
Net core Crown debt up $12.4 in April, as wage subsidy sees expenses soar; Crown accounts $12.8 billion in deficit
Crown financial statements detail whopping $5.3 billion increase in the value of the national rail freight network to $6.3 billion with valuation done on a public benefit basis rather than a commercial basis
8th Oct 19, 2:08pm
25
Crown financial statements detail whopping $5.3 billion increase in the value of the national rail freight network to $6.3 billion with valuation done on a public benefit basis rather than a commercial basis
Finance Minister Grant Robertson says government's strong financial position provides 'the space for further opportunities to strengthen our economy as is necessary'
8th Oct 19, 1:06pm
179
Finance Minister Grant Robertson says government's strong financial position provides 'the space for further opportunities to strengthen our economy as is necessary'
Why five months into the 2019 financial year none of the $90 million Treasury had set aside for KiwiBuild had been touched
19th Jan 19, 9:00am
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Why five months into the 2019 financial year none of the $90 million Treasury had set aside for KiwiBuild had been touched
Westpac economist Michael Gordon argues capacity constraints are restricting government spending more than its debt rules
10th Oct 18, 6:48am
12
Westpac economist Michael Gordon argues capacity constraints are restricting government spending more than its debt rules
The Crown's tax take has grown quicker than its expenses, putting the Government in a position better than forecast in the Budget, debt target reached 4 years early
9th Oct 18, 1:11pm
67
The Crown's tax take has grown quicker than its expenses, putting the Government in a position better than forecast in the Budget, debt target reached 4 years early
Higher than expected tax revenue and lower than forecast core expenses push govt's 7-month surplus to $1.145 bln, well above expectations
7th Mar 17, 10:00am
by Guest
9
Higher than expected tax revenue and lower than forecast core expenses push govt's 7-month surplus to $1.145 bln, well above expectations
Bill English, 'a quiet achiever who will deliver the Govt’s promised surplus', is politician of the year according to Trans Tasman Political Alert
3rd Dec 13, 1:02pm
6
Bill English, 'a quiet achiever who will deliver the Govt’s promised surplus', is politician of the year according to Trans Tasman Political Alert
First-quarter Crown operating balance before gains and losses (OBEGAL) was a deficit of $1.3 billion, which was $382 million lower than expected
8th Nov 13, 10:32am
3
First-quarter Crown operating balance before gains and losses (OBEGAL) was a deficit of $1.3 billion, which was $382 million lower than expected
The post-GFC taxpayer umbrella is still preventing $3.47 bln of bank funds from getting rained on
9th Oct 13, 2:33pm
The post-GFC taxpayer umbrella is still preventing $3.47 bln of bank funds from getting rained on
Three years in, Govt's financial assistance package has coughed up to fix just 249 leaky homes
9th Jul 13, 4:52pm
12
Three years in, Govt's financial assistance package has coughed up to fix just 249 leaky homes
Treasury reports budget deficit for 6 months to December slightly below forecast on lower Treaty costs and slightly higher tax revenues
20th Feb 13, 10:26am
1
Treasury reports budget deficit for 6 months to December slightly below forecast on lower Treaty costs and slightly higher tax revenues