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24 Oct 2025 13:07
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      Home > News > Business

    Shane Reti's backing Health New Zealand bosses -- despite the agency reporting a deficit of nearly a billion dollars for the past financial year

    Shane Reti's backing Health New Zealand bosses -- despite the agency reporting a deficit of nearly a billion dollars for the past financial year


    Yesterday it released its report for the three-months to June.

    Earlier, in quarter three, a 299-million-dollar surplus was forecast - but, the preliminary financial result for the year to the end of June is a 934-million-dollar deficit.

    The Health Minister replaced the agency's board with a Commissioner in July, and says he trusts its leadership.

    He says the cost blowout was substantively in the hands of the previous team.

    © 2025 Newstalk ZB, NZCity

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