Fifty New Zealand charities made a total of NZ$1billion over and above what they spent in the last financial year. A report on TVNZ’s Seven Sharp drew an analogy with the game of Monopoly, and placed some churches in the top “Park Lane” category. These included the Salvation Army with a surplus of $24 million, Read more
The Holy See has recovered from one of its worst deficits to post a $NZ3.6 million surplus for 2012, a good news story announced in a week in which “clear failings” were revealed in the processes of the Vatican Bank. In its annual financial statement, the Holy See said better management had helped it recover Read more