Government surplus achievement
Government surplus achievement – “a confirmation of good management”
Welcoming news that Government has achieved a $414 million surplus for the 2014/15 year, Auckland Chamber head Michael Barnett said it should give confidence to the business community that they have managed the books well.
“It shows that New Zealand has managed its way out of the Global Financial Crisis (GFC) of 2006-7 better than many, and will send the right signal to our trading partners.”
But it is a success that we should not take for granted. “It is not the be-all and end-all, but a confidence-giving milestone that we are on the right track in the way New Zealand manages its accounts.”