Budget 2019: NZ surpluses narrow as spending ramps up

Budget 2019: NZ surpluses narrow as spending ramps up
Rebecca Howard
By Rebecca Howard May 30 (BusinessDesk) - New Zealand’s fiscal outlook remains in line with the government’s strategy, but forecasts included in Budget 2019 show smaller surpluses as spending ramps up.     “We are maintaining sustainable surpluses over the period and keeping the debt at manageable levels,” said Finance Minister Grant Robertson when presenting the budget. “The Budget Economic and Fiscal Update released today shows the government’s books remain in good shape,” he said. Treasury is now forecasting a surplus in operatin...

More Finance

ANZ admits 'unacceptable failure' as bond probe continues
Finance

ANZ admits 'unacceptable failure' as bond probe continues

Regulator is investigating the bank over its bond turnover data.

AAP 25 Jul 2024
ComCom will try to bring down PayWave, credit card surcharges
Finance

ComCom will try to bring down PayWave, credit card surcharges

Card industry tried to regulate itself, Govt has tried, now it is ComCom's turn.

Staff reporters 23 Jul 2024
Massive cyber outage cripples banks and other organisations worldwide
Finance

Massive cyber outage cripples banks and other organisations worldwide

A major cybersecurity outage has taken out computer-reliant services

Dileepa Fonseka 19 Jul 2024