The Kākā by Bernard Hickey

The Kākā by Bernard Hickey

Choruses

Friday's Early Bird: Govt's deficit worsens

Budget deficit worsens by $700m; IRD eyes tax on loans to business owners worth $28 billion; ComCom Chair says electricity system a 'market failure'; Congestion charges may cut need for RONS - Bishop

Bernard Hickey's avatar
Bernard Hickey
Dec 04, 2025
∙ Paid

Briefly in the news from elsewhere on housing, poverty and climate in Aotearoa’s political economy on Friday, December 5:

  • Treasury released Crown Accounts for the first four months of the financial year yesterday that showing the Budget deficit was $4.94 billion, which was $704 million worse than expected, largely due to lower than forecast tax revenues …

User's avatar

Continue reading this post for free, courtesy of Bernard Hickey.

Or purchase a paid subscription.
© 2026 Bernard Hickey · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture