Nz Govt warns on budget surplus forecast
NZ Govt warns on budget surplus forecast Updated: 15:49, Thursday February 16, 2012 The government is forecasting a budget surplus of $370 million in 2014/15, with steady economic growth over the next three years and unemployment decreasing to 4.9 per cent However, the budget policy statement released on Thursday by Finance Minister Bill English says there's a risk offshore economic events could have 'a significant negative effect' on the economy.
A severe weather warning has been issued for Auckland, with more heavy and thundery falls forecast.