Things sure have looked up and got better since Jacinda and Grant been in charge of the purse strings. As grant increases borrowing to unprecedented levels Jacinda gots heaps more to spend -
The Crown's financial position continues to track better than forecast. In the six months to December they recorded a +$1.1 bln OBEGAL surplus, compared to the expected +$300 mln. (That is up from the +$125 mln in the five months to November.) The full operating balance surplus is +$3.5 bln in six months. On an annual basis that is an OBEGAL surplus of $5.2 bln and the highest since just before the GFC in the year to July 2008.
Last edited by winner69; 14-02-2018 at 06:25 AM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
Things sure have looked up and got better since Jacinda and Grant been in charge of the purse strings. As grant increases borrowing to unprecedented levels Jacinda gots heaps more to spend -
The Crown's financial position continues to track better than forecast. In the six months to December they recorded a +$1.1 bln OBEGAL surplus, compared to the expected +$300 mln. (That is up from the +$125 mln in the five months to November.) The full operating balance surplus is +$3.5 bln in six months. On an annual basis that is an OBEGAL surplus of $5.2 bln and the highest since just before the GFC in the year to July 2008.
That's quite the financial legacy National left them.
Things sure have looked up and got better since Jacinda and Grant been in charge of the purse strings. As grant increases borrowing to unprecedented levels Jacinda gots heaps more to spend -
The Crown's financial position continues to track better than forecast. In the six months to December they recorded a +$1.1 bln OBEGAL surplus, compared to the expected +$300 mln. (That is up from the +$125 mln in the five months to November.) The full operating balance surplus is +$3.5 bln in six months. On an annual basis that is an OBEGAL surplus of $5.2 bln and the highest since just before the GFC in the year to July 2008.
W69, it has taken National nine years to just get close to the operating position that Labour held through their last term of office. And Labour grew the economy and labour force as well.
Judith Collins has just put her hand up for the top opposition job, so the bloodletting begins..
W69, it has taken National nine years to just get close to the operating position that Labour held through their last term of office. And Labour grew the economy and labour force as well.
Judith Collins has just put her hand up for the top opposition job, so the bloodletting begins..
Way Grant is talking hard to see this government running a surplus
Last edited by winner69; 14-02-2018 at 11:17 AM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
W69, it has taken National nine years to just get close to the operating position that Labour held through their last term of office. And Labour grew the economy and labour force as well.
Judith Collins has just put her hand up for the top opposition job, so the bloodletting begins..
eZ don't forget this when you say how fantastic the previous government was. And don't get me started on what obvious challenges National had during their reign. Even you can work those out.
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