Soaring tax revenues boost government surplus to $7b in May
Budget projections fall well behind actual result.
Nevil Gibson
Thu, 27 Jun 2019
Tax revenues are running well ahead of forecast, putting the government’s accounts in the 11 months to May 31 in much better shape than expected.
PAYE, corporate tax and GST were more than $2 billion higher than predicted in the May budget.
“This fits with a near-record low unemployment
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Nevil Gibson
Thu, 27 Jun 2019
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