Finance Minister Grant Robertson has also hinted the Government is ready to spend more money on health, education and infrastructure. Photo: Gerard O'BrienThe Government has unveiled a bumper $7.5 billion surplus and the lowest debt levels the lowest in almost a decade, according to the Treasury. The surplus unveiled today is $4b higher than what was expected in May's Budget - and $2b higher than the actual surplus unveiled this time last year. A change in the way the government-owned rail assets were valued contributed to the surplus being $2.6 billion higher than expected. Robertson today talked up the numbers, saying the high surplus and low debt levels show the economy is in good shape.

Source: Otago Daily Times October 08, 2019 00:11 UTC