Government operating deficit reaches $9.3b according to Treasury

Thursday 9 October 2025 · 2 outlets · 2 reports · updated Thu 9 Oct 2025, 1:09pm

In this story Nicola Willis, Treasury

Treasury reports show the Government is facing a $9.3 billion operating deficit, which is $600 million higher than the previous year. Finance Minister Nicola Willis stated that key financial indicators for the year to June 30 were better than forecast, reflecting efforts to restore fiscal discipline.

How they headlined it

1:06pm

1. StuffThu 9 Oct 2025, 1:06pm

   Government’s books show finance minister borrowing billions to keep the lights on (opens in new tab)

2. NZ HeraldThu 9 Oct 2025, 1:09pm

   Nicola Willis hails progress on fiscal discipline as key Government financial indicators better than forecast (opens in new tab)