Nicola Willis: Finance minister on Government debt worse than initially thought - Heather du Plessis-Allan Drive

The Government's financial books have sunk further into debt in the year to June, with Treasury revealing the deficit on the Crown books deepened by $3.4 billion.

It was also $1.8 billion worse than Treasury forecast in the May budget. 

Minister of Finance Nicola Willis joins Francesca Rudkin to explain why. 

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