While the Budget suggested the Government would record a $3.5 billion surplus this year, new accounts suggest it could be billions larger than expected. The Government appears headed for a much larger than expected surplus this year, with officials trying to figure out whether a boom in tax revenue is a one-off boost. READ MORE:* Budget NZ 2019: Grant Robertson's debt target squeezed by higher spending* What we want from the Budget* Budget leak: National says it acted 'entirely appropriately'* Budget hack or just a good guess? Thursday's figures suggest that in the year to June 30, the Government is likely to record another larger than expected surplus. The latest accounts show that in the 10 months to April 30, the Government accounts showed a surplus of $5.2b.

Source: Stuff June 06, 2019 02:26 UTC