Dusk chorus: Cash flooding into Treasury's coffers
Budget deficit $4.4b better than expected in eight months to Feb ahead of Budget 2022 on May 19; Auckland homes sold via Barfoots in March rise 5.1% from Feb as listings hit three-year high
TLDR: There’s a lot of talk about a collapse in consumer confidence and a cost of living crisis, but some parts of the economy are doing better than expected. Today, Barfoot and Thompson reported a surprising rise in Auckland house prices in March, while Treasury counted a fresh surge of tax revenues linked to better than expected nominal GDP, jobs and …
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