Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

District Health Board Deficit Falls


District Health Board Deficit Falls

The combined deficit of New Zealand's 21 district health boards (DHBs) was $5.1 million for the September 2003 quarter, according to Statistics New Zealand. This was a $38.0 million decrease on the $43.1 million deficit recorded in the June 2003 quarter, and is $27.8 million lower than the deficit in the September 2002 quarter. The smaller deficit was largely the result of a $64.9 million increase in funding from the Ministry of Health, with funding of $1,399.0 million for the September 2003 quarter. Total DHB revenue rose to $1,727.3 million.

Total DHB operating expenses rose to $1,732.3 million in the September 2003 quarter. The two major components of this expenditure are the direct provision of public hospital and health services (HHS), at $1,100.0 million, and the purchase of medical services from non-government providers and inter-DHB services, at $609.3 million. The operating expenses of the HHS providers were 3.5 percent higher than in the September 2002 quarter. The key expense item, employee costs, rose to $670.0 million, up 4.4 percent on the same quarter last year.

Total DHB investment in fixed assets in the latest quarter was $112.2 million. While this was down on the $135.8 million expended in the June 2003 quarter, investment remains at high levels. For the 12 months ended 30 September 2003, DHBs have spent $439.6 million on additions to fixed assets, up 20.6 percent on expenditure in the previous 12 months.

Brian Pink

Government Statistician

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Government: Delivering Lower Card Fees To Business

Commerce and Consumer Affairs Minister David Clark has today announced the Government’s next steps to reduce merchant service fees, that banks charge businesses when customers use a credit or debit card to pay, which is estimated to save New Zealand businesses ... More>>

SEEK NZ Employment Report: April 2021

OVERVIEW OF APRIL 2021: STATE OF THE NATION: April, for the second consecutive month, saw the highest number of jobs ever advertised on seek.co.nz. Applications per job ad fell 9% month-on-month (m/m). SEEK job ads were up by 12% m/m. SEEK job ads were ... More>>

Commerce Commission: Warns Genesis Over Business Billing Errors

The Commerce Commission has issued a warning to Genesis Energy Limited about billing errors concerning electricity line charges to business customers. Genesis reported the errors to the Commission. The Commission considers that Genesis is likely to ... More>>

Stats: Lower Job Security Linked To Lower Life Satisfaction

People who feel their employment is insecure are more likely than other employed people to rate their overall life satisfaction poorly, Stats NZ said today. New survey data from the March 2021 quarter shows that 26 percent of employed people who thought ... More>>

The Conversation: The Outlook For Coral Reefs Remains Grim Unless We Cut Emissions Fast — New Research

A study of 183 coral reefs worldwide quantified the impacts of ocean warming and acidification on reef growth rates. Even under the lowest emissions scenarios, the future of reefs is not bright. More>>

The Conversation: Why Now Would Be A Good Time For The Reserve Bank Of New Zealand To Publish Stress Test Results For Individual Banks

Set against the backdrop of an economy healing from 2020’s annus horribilis , this week’s Financial Stability Report (FSR) from the Reserve Bank (RBNZ) was cautiously reassuring: the country’s financial system is sound, though vulnerabilities remain. More>>