Government Finance Statistics: Year ended June 2013
Government Finance Statistics (Central Government): Year
ended June 2013
6 June 2014
In the year ended June
• Central government net operating deficit
reduced to $0.6 billion.
• Total revenue increased 4.4
• Expenses increased 0.8 percent.
borrowing fell to $2.2 billion.
• Net worth totalled
$60.6 billion at 30 June 2013.
• Total assets decreased
• Total liabilities decreased 5.4
For more information about these
statistics: Visit Government Finance Statistics (Central
Government): Year ended June
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Gordon Campbell: On The Wage Hike For MPs (and Paul Robeson)
Hard to tell what is more infuriating. Is it the 5.3% increase on the already bloated salaries of MPs, or their pantomime of outrage at being gifted with such a wonderful back-dated bonanza?
As usual, Prime Minister John Key has busily tried to distance himself from the political fallout, even though he happens to be the main beneficiary of the Remuneration Authority’s generosity. Finance Minister Bill English says with a straight face that it would actually be very hard to give the money back...
Even if it were true, it would actually be very easy for English and any other guilty colleagues, to give the extra money away. There are any number of food banks or homeless shelters who would be able to put the money to good use. More>>