The Government's financial books have sunk further into debt in the year to June, with Treasury revealing the deficit on the Crown books deepened by $3.4 billion.

It was also $1.8 billion worse than Treasury forecast in the May budget. 

Minister of Finance Nicola Willis joins Francesca Rudkin to explain why. 

LISTEN ABOVE

The Government's financial books have sunk further into debt in the year to June, with Treasury revealing the deficit on the Crown books deepened by $3.4 billion.
It was also $1.8 billion worse than Treasury forecast in the May budget.&nbsp;
Minister of Finance Nicola Willis joins Francesca Rudkin to explain why.&nbsp;
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

Nicola Willis: Finance minister on Government debt worse than initially thought

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/fb8b4c16-3707-445d-98c2-b205004f52c8/transcript

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