News | Politics
22 Dec 2024 3:24
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
     21 Dec: A lack of surprise over the drops sales for spirits and RTDs
     21 Dec: Italian court clears Deputy PM Matteo Salvini of illegally detaining migrants on a rescue ship in 2019
     20 Dec: Lawsuit claims US government failed to evacuate Palestinian Americans trapped in Gaza
     20 Dec: US Congress rejects Trump-backed spending plan leaving government on brink of shutdown
     20 Dec: 3D-printed guns, like the one allegedly used to kill a health care CEO, are a growing threat in the US and around the world
     20 Dec: The Finance Minister believes New Zealand is through the worst of it - in terms of economic pain
     19 Dec: Sydney trains strike fears after court ruling gives rail union green light for industrial action
     Top Stories

    RUGBY RUGBY
    A fully-clothed Tyson Fury has weighed in at his heaviest mark ahead of tomorrow morning's heavyweight boxing showdown against Oleksandr Usyk in Riyadh More...


    BUSINESS BUSINESS
    A lack of surprise over the drops sales for spirits and RTDs More...



     Today's News

    Soccer:
    Auckland FC's unbeaten run has come to a end after eight matches with a resounding 4-0 defeat to Western United at Mt Smart 21:56

    Living & Travel:
    Two Lotto players are in for a million-dollar Christmas 21:26

    Law and Order:
    The woman and her two children reported missing earlier today in Christchurch have been found and are safe 19:47

    Rugby:
    A fully-clothed Tyson Fury has weighed in at his heaviest mark ahead of tomorrow morning's heavyweight boxing showdown against Oleksandr Usyk in Riyadh 19:26

    Cricket:
    The White Ferns have slumped to a 65-run loss under the DLS method in the rain-hit second Rose Bowl one-day cricket international against Australia 19:17

    Living & Travel:
    He's got the job - but now Liam Lawson has to deliver for Red Bull's Formula One team 18:57

    Accident and Emergency:
    Kihikihi Road on State Highway 3 is closed following a serious crash in Te Awamutu in the Waikato 17:47

    Environment:
    More Severe Thunderstorm warnings as parts of the country are battered by heavy rain 17:37

    Accident and Emergency:
    One person has died at a workplace in Selwyn's Southbridge 17:27

    Netball:
    Silver Ferns coach Dame Noeline Taurua is hopeful her side's latest climb in netball's world rankings can lead to more tests against quality opposition in 2025 16:57


     News Search






    Power Search


    © 2024 New Zealand City Ltd