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Financial Statements for 7 months ending 31-1-19

Financial Statements for the Govt of New Zealand for 7 months ending 31-1-19


Source: The Treasury

Paul Helm, Chief Government Accountant

The Financial Statements of the Government of New Zealand for the seven months ended 31 January 2019 were released by the Treasury today. The statements are compared against forecasts based on the Half Year Economic and Fiscal Update 2018 (HYEFU2018) published on 13 December 2018.


Core Crown tax revenue at $47.7 billion was $0.3 billion (0.5%) ahead of forecast.

Within this, source deductions, customs and excise duties and GST were higher than forecast and partially offset by corporate tax revenue, which was below forecast.
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ENDS

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