Govt surplus under pressure as low inflation hits tax take
Low consumer spending, low inflation and low interest rates will all hit the government books.
Tomorrow’s Crown financial statement will give an indication of just how much pressure the government’s surplus target is coming under.
The financial statements for the first three months of the current financial year will be released by the Treasury in mid-morning, and it is likely to show
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Rob Hosking
Thu, 06 Nov 2014
Thu, 06 Nov 2014
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Govt surplus under pressure as low inflation hits tax take
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