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Government books in good shape early in financial year

No worries about lower-than-forecast corporate tax take.

Brent Edwards Wed, 31 Oct 2018

The government recorded a $343 million deficit in the first three months of this financial year, slightly larger than the Budget forecast.

When investment gains and losses are included, however, the deficit is much larger than forecast at $1.069 billion, mainly because of a $2.3b net loss on

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Contact the Writer: brent@nbr.co.nz
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Government books in good shape early in financial year
Politics,
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