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Ratings agency Fitch says persistent fiscal slippage and a more challenging macroeconomic backdrop have raised risks, and gross general government debt may now peak at about 47% of GDP next year
POLITICAL parties have reportedly dumped the peace pledge as they continuously disregard it by using hate speech and resorting to political violence ahead of th...
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House prices to keep soaring but hopes of swift economic recovery with border tipped to ease mid-2021 Newshub 16/12/2020 © Provided by Newshub House prices are expected to keep soaring but hopes of a "swift" econonic recovery is on the horizon with Treasury tipping border restrictions to start easing in July 2021. The Government's final financial update of the year shows the COVID-19 shock is expected to have lasting economic impacts, with net core Crown debt expected to reach $190 billion by 2025. As a percentage of GDP - comparing what the Government owes to what it produces - net core ...
16/12/2020 Finance Minister Grant Robertson speaking at Treasury's update. Photo credit: Newshub / Zane Small House prices are expected to keep soaring but hopes of a "swift" econonic recovery is on the horizon with Treasury tipping border restrictions to start easing in July 2021. The Government's final financial update of the year shows the COVID-19 shock is expected to have lasting economic impacts, with net core Crown debt expected to reach $190 billion by 2025. As a percentage of GDP - comparing what the Government owes to what it produces - net core...