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Home / New Zealand

Which political party is best placed to manage the current economy?

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12 Oct, 2008 11:07 PMQuick Read

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Opinion

KEY POINTS:

Investment losses unveiled in today's crown accounts are higher than expected but the overall plunge into the red is in line with predictions, National's finance spokesman Bill English says.

The government's financial statements show the crown operating balance was $757m in deficit at September 30, against a forecast surplus of $943m, in the wake of the global financial meltdown.

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