Government books to show a slightly firmer shade of black

New Zealanders can expect a higher surplus track for the government books next year when the full accounts for the last year are produced this afternoon.

They will set the scene nicely for the government’s full half yearly economic and fiscal update, due in two months’ time which as well as an updated set of economic and fiscal forecasts also includes the Budget Policy statement for the 2014 election Budget.

The tax take is already rattling along more than 6% above the same time last year – or around 2% above nominal GDP growth.

 

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