October 12, 2021 • 12 mins
The Government is confident there'll be a good bounce-back when the country emerges from Covid-19 restrictions, because its books are in good shape.
Treasury figures show a deficit of $4.6 billion, about ten billion less than expected, due to a higher tax take and lower expenses.
The Crown's net worth has also jumped by $40 billion in the year to June 30.
Finance Minister Grant Minister says the post-lockdown rebound will cut across two quarters, there'll be a hit, but the resilience and strength of the economy will help us rebound.
Former Finance Minister Steven Joyce joined Kerre McIvor.
LISTEN ABOVE
Treasury figures show a deficit of $4.6 billion, about ten billion less than expected, due to a higher tax take and lower expenses.
The Crown's net worth has also jumped by $40 billion in the year to June 30.
Finance Minister Grant Minister says the post-lockdown rebound will cut across two quarters, there'll be a hit, but the resilience and strength of the economy will help us rebound.
Former Finance Minister Steven Joyce joined Kerre McIvor.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Mark as Played
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!