Treasury has revealed the state of the Government’s finances, and it's been revealed that spending has dropped.

The country's still in an operating deficit of $9.3 billion, but tax take has gone up and growth in total expenses has slowed.

Infometrics principal economist Brad Olsen unpacks what's behind this recent data.

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Treasury has revealed the state of the Government’s finances, and it's been revealed that spending has dropped.
The country's still in an operating deficit of $9.3 billion, but tax take has gone up and growth in total expenses has slowed.
Infometrics principal economist Brad Olsen unpacks what's behind this recent data.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Brad Olsen: Infometrics Principal Economist on the latest stats revealing Government spending has dropped

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bc30912f-6b38-4e3d-a7f3-b37100674764/transcript

Potential T20 international cricket debuts loom for Katene Clarke, Nick Kelly and Jayden Lennox as New Zealand prepare to host South Africa in five matches, starting this Sunday.

Much of the Black Caps' World Cup squad will be rested.

Sportstalk host D'Arcy Waldegrave explained further.

LISTEN ABOVE

Potential T20 international cricket debuts loom for Katene Clarke, Nick Kelly and Jayden Lennox as New Zealand prepare to host South Africa in five matches, starting this Sunday.
Much of the Black Caps' World Cup squad will be rested.
Sportstalk host D'Arcy Waldegrave explained further.
LISTEN ABOVE

D'Arcy Waldegrave: Sportstalk host on the Black Caps squad named for South Africa series

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/57110809-8b69-44fd-98ea-b40a00434d9f/transcript

ACT's leader is denying changes to Auckland's housing intensification rules might have 'backfired'. 

The Government has ordered Auckland Council to reduce total capacity plans from 2 million homes to 1.6 million.

Councillors have now opted to zone less density in areas with poor public transport access and in outer suburbs.

David Seymour says this doesn't necessarily mean his central Epsom electorate will get the densification he was trying to avert. 

"It's not as simple as - it's all going to be in your electorate, mate. It's going to be a long process, these plans won't be finalised until well into next year."

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ACT's leader is denying changes to Auckland's housing intensification rules might have 'backfired'.&nbsp;
The Government has ordered Auckland Council to reduce total capacity plans from 2 million homes to 1.6 million.
Councillors have now opted to zone less density in areas with poor public transport access and in outer suburbs.
David Seymour says this doesn't necessarily mean his central Epsom electorate will get the densification he was trying to avert.&nbsp;
"It's not as simple as - it's all going to be in your electorate, mate. It's going to be a long process, these plans won't be finalised until well into next year."
LISTEN ABOVE

David Seymour: ACT Party leader on Auckland Council's changes for proposed housing densification

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/52cdfce2-e8a2-4d4a-af0c-b40a004160ed/transcript

France’s President Emmanuel Macron has ordered an 'unprecedented' naval deployment in the Middle East to reopen the Strait of Hormuz.

France will deploy eight frigates, along with two amphibious helicopter carriers and the country’s flagship Charles de Gaulle aircraft carrier.

UK correspondent Enda Brady says this comes as the UK has appeared to have paused sending a warship to Cyprus.

LISTEN ABOVE

France’s President Emmanuel Macron has ordered an 'unprecedented' naval deployment in the Middle East to reopen the Strait of Hormuz.
France will deploy eight frigates, along with two amphibious helicopter carriers and the country’s flagship Charles de Gaulle aircraft carrier.
UK correspondent Enda Brady says this comes as the UK has appeared to have paused sending a warship to Cyprus.
LISTEN ABOVE

Enda Brady: UK correspondent on France sending a naval deployment to the Middle East

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ed45fb75-ac6c-456e-972b-b40900796f3e/transcript

Brad Olsen: Infometrics Principal Economist on the latest stats revealing Government spending has dropped

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