News | Politics
10 Oct 2024 17:24
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Politics

    The Government books have sunk further into the red

    The Government books have sunk further into the red


    Treasury has revealed the Crown's deficit deepened by 3.4-billion-dollars in the year to this June.

    It now sits at 12.9-billion-dollars.

    Expenses hit 180-billion- 4.4-billion-dollars higher than forecast in the 2024 Budget, released in May.

    The costs outstrip money brought in - mostly through taxes - with revenue sitting at 167-billion-dollars.

    Government debt has now increased by 20-billion-dollars - and makes up 42.5 percent of GDP.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
     10 Oct: An extra weapon against banking scams - but customers still need to play their part
     10 Oct: The Australian government has introduced new cyber security laws. Here’s what you need to know
     10 Oct: Confidence the country will reap the benefits of reforms to the emergency management system
     09 Oct: A push for a change in the way nursing numbers are decided, after a health boss criticised a boost in employment
     09 Oct: Imran Khan charged with attempted murder after police officer killed during protests in Pakistan
     09 Oct: Beirut's famous waterfront and streets heaving with people fleeing Israeli air strikes
     09 Oct: Calls for the Government to raise the bar for entry into the trades sector
     Top Stories

    RUGBY RUGBY
    Wellington openside flanker Du'Plessis Kirifi has been thrust straight back into the starting line-up as captain for tomorrow's NPC quarter-final against Counties-Manukau in the capital More...


    BUSINESS BUSINESS
    The Government books have sunk further into the red More...



     Today's News

    Skiing:
    How Paralympic medallist Jessica Gallagher balances sport, work and life 16:57

    Motoring:
    Former Supercars driver Greg Murphy is dampening expectations of a second straight Kiwi triumph at the Bathurst 1000 16:57

    Entertainment:
    Raven-Symone's body was allegedly made thinner with CGI on 'That's So Raven' 16:54

    Living & Travel:
    Hurricane Milton live updates: Category three storm makes landfall on Florida's west coast, leaving almost 2 million without power 16:27

    Entertainment:
    Sylvester Stallone's daughter Sistine was chased through New York City by a man "screaming" at her 16:24

    Law and Order:
    Two teenage girls have been arrested, after aggravated robberies on buses in east Auckland 16:17

    Entertainment:
    Sean 'Diddy' Combs' sex trafficking case is set to involve a series of celebrities who face being sued alongside the rapper 15:54

    Rugby:
    Wellington openside flanker Du'Plessis Kirifi has been thrust straight back into the starting line-up as captain for tomorrow's NPC quarter-final against Counties-Manukau in the capital 15:27

    Entertainment:
    Bobby Brown has sent his "love and blessings" to the grieving family of Whitney Houston's late mother 15:24

    Environment:
    As Hurricane Milton causes havoc in the US, fake images and videos are spreading. Here's how to spot them 15:07


     News Search






    Power Search


    © 2024 New Zealand City Ltd