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Latest fromBudget 2009
Super Fund and ACC to the rescue
Investment returns from the Cullen Fund and ACC have rescued the Crown's bottom line in the first three months of the fiscal year.
Tough decisions needed to avoid crisis -Treasury
Tough decisions about prisons, education, pensions and tax need to be made if NZ is to avoid a looming Government debt crisis, says Treasury.
$250 million: What our Govt borrows a week
The Government needs to borrow $250 million a week after the havoc wreaked by the recession on its books.
Financial recovery will take 20 years, says English
The Government faces an increased deficit due to extra spending and the effects of the recession, says Bill English.
Super Fund rebounds to reach record high
The Super Fund has recouped its billion dollar losses and broken even despite the Government putting a hold on its contributions.