Thu, December 5, 2024
[ Thu, Dec 05th 2024 ]: MSN
Barnier ousted: what does France's latest political crisis mean for Macron and the country?
[ Thu, Dec 05th 2024 ]: MSN
Op-ed: If Trump reverses TikTok ban, donors win and U.S. national security loses
[ Thu, Dec 05th 2024 ]: MSN
Namibia's president-elect pledges 'radical shifts' on poverty and unemployment
[ Thu, Dec 05th 2024 ]: MSN
Kim and Xi Propaganda Warning Amid South Korea Turmoil
[ Thu, Dec 05th 2024 ]: MSN
Joy Achungo: Meet fearless Maseno student leader playing oversight role in politics and leadership
[ Thu, Dec 05th 2024 ]: Brian Stokes
Albanese government faces real likelihood of being 'tipped' at next election
[ Thu, Dec 05th 2024 ]: Brian Stokes
Benn: British government taking first steps to repeal and replace Troubles legacy Act
[ Thu, Dec 05th 2024 ]: Brian Stokes
NCCK chair explains public criticism of government, says private efforts were ignored
[ Thu, Dec 05th 2024 ]: Brian Stokes
After No-Confidence Vote, France Faces Tumult and Uncertainty
[ Thu, Dec 05th 2024 ]: Brian Stokes
French government dismissed: Why and what will happen next
[ Thu, Dec 05th 2024 ]: Brian Stokes
South Korea In Turmoil After President Yoon's Failed Martial Law Declaration And Protests
[ Thu, Dec 05th 2024 ]: Brian Stokes
French lawmakers vote to oust prime minister in the first successful no-confidence vote since 1962
[ Thu, Dec 05th 2024 ]: Brian Stokes
Turkey and Israel are reaping rewards from the chaos in Syria
[ Thu, Dec 05th 2024 ]: Brian Stokes
What has happened in South Korea and what does martial law have to do with it?
[ Thu, Dec 05th 2024 ]: Brian Stokes
No-confidence vote expected to apply coup de grace for Barnier's government
[ Thu, Dec 05th 2024 ]: Brian Stokes
Why Does France Have Both a President and a Prime Minister?
[ Thu, Dec 05th 2024 ]: Brian Stokes
Congressman-elect Sam Liccardo: priorities, plans .. y for working with Republican-controlled Congress
[ Thu, Dec 05th 2024 ]: MSN
6 hours of anger, bravery and defiance in South Korea
[ Thu, Dec 05th 2024 ]: MSN
Trade association comments on government fuel poverty findings
[ Thu, Dec 05th 2024 ]: MSN
Maharashtra CM swearing-in: When and where to wat .. a Fadnavis's oath-taking ceremony at Azad Maidan?
[ Thu, Dec 05th 2024 ]: MSN
Weirton swears in new mayor and council, aiming to build on recent development progress
[ Thu, Dec 05th 2024 ]: MSN
French government topples with no-confidence vote
[ Thu, Dec 05th 2024 ]: MSN
Trump Splits Latin America, Worrying Mexicans and Brazilians Most
[ Thu, Dec 05th 2024 ]: London Evening Standard
French Government collapses as Michel Barnier loses historic no confidence vote
[ Thu, Dec 05th 2024 ]: MSN
Flood relief: CM Stalin targets AIADMK, slams 'cheap politics'
[ Thu, Dec 05th 2024 ]: The Financial Times
FirstFT: Emmanuel Macron to speak after French government collapses
[ Thu, Dec 05th 2024 ]: The Nation
In Defense of Teachers and Public Education
[ Thu, Dec 05th 2024 ]: Brian Stokes
Expect one big 'thread the needle' reconciliation .. next year: House Ways and Means Chair Jason Smith
[ Thu, Dec 05th 2024 ]: Brian Stokes
French government collapse raises questions over Ukraine support
[ Thu, Dec 05th 2024 ]: Brian Stokes
Why Donald Trump and Javier Milei Are Worlds Apart on Austerity
[ Thu, Dec 05th 2024 ]: Brian Stokes
Sex and politics: Scandals that have tarnished Africa's powerful
[ Thu, Dec 05th 2024 ]: Brian Stokes
Stop Using SMS, Says US Government After Major Attack
Wed, December 4, 2024
[ Wed, Dec 04th 2024 ]: Brian Stokes
6 hours of anger, bravery and defiance during martial law in South Korea
[ Wed, Dec 04th 2024 ]: Brian Stokes
MAGA Mike Johnson ready to "axe" PBS and Planned Parenthood
[ Wed, Dec 04th 2024 ]: Brian Stokes
Zulu King Misuzulu kaZwelithini orders audit into Ingonyama Trust and its board
[ Wed, Dec 04th 2024 ]: Brian Stokes
Maharashtra politics: Why Eknath Shinde is bargaining hard with the BJP
[ Wed, Dec 04th 2024 ]: Brian Stokes
What to know about South Korea's short-lived and chaotic period of martial law
[ Wed, Dec 04th 2024 ]: Brian Stokes
Federal government proposes 19,112 square mile protected zone for endangered lynx
[ Wed, Dec 04th 2024 ]: Brian Stokes
UN Security Council and the Russian-Iranian Dispute
[ Wed, Dec 04th 2024 ]: Brian Stokes
South Sudan peace talks resume after 4 months and the sacking of a government delegation
[ Wed, Dec 04th 2024 ]: Brian Stokes
GOP caught between immigration and tax cuts for early 2025 priorities
[ Wed, Dec 04th 2024 ]: Brian Stokes
Many Australians do not like the way politics is reported. Here's how it can improve
[ Wed, Dec 04th 2024 ]: Brian Stokes
Vivek Ramaswamy once called Musk a 'circus monkey.' Now they're coworkers and friends
[ Wed, Dec 04th 2024 ]: Brian Stokes
Sam Fox, entrepreneur, megadonor and U.S. ambassador, dies at 95
[ Wed, Dec 04th 2024 ]: Brian Stokes
Mike Benz: At Core Of Censorship Industry Is The .. nce" In Institutions Is A National Security Issue
[ Wed, Dec 04th 2024 ]: Brian Stokes
Elections office greets auditors with 'day-old' doughnuts and lawsuit threats
[ Wed, Dec 04th 2024 ]: Brian Stokes
French PM Michel Barnier's government loses confidence vote
[ Wed, Dec 04th 2024 ]: Brian Stokes
Trump nominates MAGA loyalist Peter Navarro as Counselor for Trade and Manufacturing

Government floats new deficit measure, Labour accuses National of 'shifting the goalposts'

Had the change been implemented in the last fiscal year, the deficit would have been much smaller. ACC alone contributed $4.1b to the OBEGAL deficit - a third of the total.
The New Zealand Government is considering a new measure for assessing fiscal deficits, focusing on the structural deficit rather than the traditional headline deficit. This shift aims to provide a clearer picture of the government's long-term financial health by excluding temporary economic fluctuations. Labour has accused the National Party of "shifting the goalposts" with this change, suggesting it's an attempt to make their economic management look better ahead of the election. Finance Minister Nicola Willis has defended the move, arguing that understanding the structural deficit is crucial for sustainable fiscal policy. Critics, however, see this as an effort to downplay the current high levels of government spending and borrowing. The debate highlights differing views on economic transparency and the best metrics for evaluating government financial performance.

Read the Full The New Zealand Herald Article at:
[ https://www.nzherald.co.nz/nz/politics/government-floats-new-deficit-measure-labour-accuses-national-of-shifting-the-goalposts/34MGF4BMQNC7TCUQ2BHDPINZ6M/ ]