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Business Scoop » Crown Accounts Reflect Resilient Economy - Vimarsana News

Business Scoop » Crown Accounts Reflect Resilient Economy

Business Scoop provides news and views on Business and Markets from New Zealand

Crown accounts beating forecasts by billions - Vimarsana News

Crown accounts beating forecasts by billions

Treasury says the Crown Accounts for the six months to the end of December were better than forecast in its December's Half Year Economic and Fiscal Update

Resilient economy reflected in Crown accounts - Vimarsana News

Resilient economy reflected in Crown accounts

The Government’s financial accounts continue to reflect a resilient economy that has performed better than expected and puts the country in a strong

Business Scoop » Strong Govt Accounts And Economic Outlook - Vimarsana News

Business Scoop » Strong Govt Accounts And Economic Outlook

Business Scoop provides news and views on Business and Markets from New Zealand

Government accounts remain in good shape - Vimarsana News

Government accounts remain in good shape

Source: New Zealand Government The latest update shows the Government’s books are again in better shape than forecast, meaning New Zealand is still in a strong position to respond to any COVID-19 resurgence. The Crown Accounts for the six months to the end of December were better than forecast in the Half-year Economic and Fiscal Update (HYEFU). The Operating Balance before Gains and Losses (OBEGAL) deficit at $4.0 billion was $1.1 billion better than forecast in HYEFU. “This was partly due to tax revenue coming in $0.8 billion above forecast, with GST revenue $0.6 billion (5.5%) above fo...