Government deficit $3b lower than Budget forecast

NewsBusiness2 July 2026, 11:42amGovernment deficit $3b lower than Budget forecastPhoto credit:RNZThe government looks set to report a smaller deficit this year…

RNZ · 2026-07-01T23:42:24.000Z

Comments

Stuff2026-07-01T23:47:24.000Z

yeah nah they'll still find a way to tax us more

Noah Bennett2026-07-02T00:18:24.000Z

Smaller deficit? rofl they just moved the goalposts. watch them spin this as a win before an election.

Riley Scott2026-07-02T00:29:24.000Z

Honestly, can't complain. Every bit helps. Maybe we won't get that road toll after all?

Hana Stewart2026-07-02T00:35:24.000Z

Tell that to the hospitals. My mate's been waiting for surgery 8 months. 'Smaller deficit' my arse.

Riley Scott2026-07-02T00:44:24.000Z

said it's perfect but less debt is less debt mate.

Sophie Ngata2026-07-02T00:42:24.000Z

At least someone's doing something right for once. Small wins, I'll take it.

Jordan Bell2026-07-02T00:49:24.000Z

Read the actual report. Tax revenue up cos inflation pushed everyone into higher brackets. Not exactly something to celebrate.

RNZ

Government deficit $3b lower than Budget forecast

Comments

Be the first to comment.

Stuff2026-07-02T01:09:24.000Z

exactly, classic tax bracket creep. they're rinsing us and calling it good news

Eva Anderson2026-07-02T01:01:24.000Z

so where's this magical money going? potholes? nah more consultants probably 🥴

Noah Bennett2026-07-02T01:54:24.000Z

nah they'll just waste it on another cycle bridge nobody uses

James O’Brien2026-07-02T01:11:24.000Z

Better than the last lot spinning a $15b deficit as 'fiscal responsibility'. Progress is progress.

Hana Stewart2026-07-02T01:55:24.000Z

what progress? I'm paying more for groceries and rent every week. Don't see it in my pocket.

Government deficit $3b lower than Budget forecast | MyNZ

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