Government books deteriorate
Audio, Radio New Zealand
The Government's books are continuing to deteriorate as the cost of the Christchurch earthquake is added to a rising operating deficit.
The Government's books are continuing to deteriorate as the cost of the Christchurch earthquake is added to a rising operating deficit.
The damage from the Christchurch earthquakes is now being felt in the government's books.
Treasury warns the Government's books will get worse because of the Christchurch earthquake and schools in Christchurch's eastern suburns fear they will have to lay off staff.