The Treasury must operate differently in a fast-changing world
ANALYSIS: Improving its performance could benefit not just the Government’s books but also the wider economy.
WATCH: NBR political editor Brent Edwards speaks with Nicholas Pointon.
The former Labour Government might be regretting it did not adopt Finance Minister Nicola Willis’ new measure for the operating balance.
Labour would have run surpluses in the 2021 and 2022 financial years, rather than deficits, had the operating balance before gains and losses and excluding ACC
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