The New Zealand Government's fiscal position was worse than forecast in September as the prolonged recession dented income and raised costs. The operating balance excluding gains and loses (OBEGAL)...
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Finance Minister Bill English says businesses sacrificed profits to retain staff during the recession which was reflected in a lower tax take.The crown accounts for the first three months of this fina...
The worsening financial position in the Government's accounts shows it will take time for the economic recovery to flow through to the Crown's revenue, Finance Minister Bill English said yesterday.The...
Updated at 5:46am on 5 November 2009 The Government has posted a $2 billion operating deficit for the first three months of the financial year, a bigger deficit than the $1.1 billion forecast in the May Budget. The Treasury...
The worsening financial position in the Government's accounts shows it will take time for the economic recovery to flow through to the Crown's revenue, Finance Minister Bill English said today. The...
Recoveries in the investment performance of the ACC and New Zealand Superannuation Fund portfolios helped offset a dramatic fall in corporate and personal tax in the three months to September 30, acco...
Nov 4 (BusinessWire) - Recoveries in the investment performance of the ACC and New Zealand Superannuation Fund portfolios helped offset a dramatic fall in corporate and personal tax in the three months to September 30,...
Updated at 10:34am on 4 November 2009 The Government has posted a $2 billion operating deficit for the first three months of the financial year, a bigger deficit than forecast in the May Budget. The Treasury says in the three...