Govt financials show higher tax revenue and lower-than-expected spending
Big investment gains, including a $6.9b increase in stock held by Kainga Ora.
Brent Edwards
Tue, 12 Oct 2021
Hot Topic
Hawke’s Bay
The government’s financial statements for the year ended June 30 confirm the economy has rebounded strongly from last year’s Covid-19 restrictions.
For the year, the government recorded an operating deficit, excluding investment gains and losses, of $4.069 billion. In the previous year,
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Brent Edwards
Tue, 12 Oct 2021
Contact the Writer: brent@nbr.co.nz
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Govt financials show higher tax revenue and lower-than-expected spending
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