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Macroeconomic Group

Page updated 29 Oct 2009

Peter Bushnell is a Deputy Secretary to the Treasury and manager of the Macroeconomic Group.

The Treasury is the Government’s lead advisor on macroeconomic and fiscal policy, and this Treasury group helps ensure a stable and sustainable economy through engagement based on the dissemination of information on the country’s overall fiscal position.

The group prepares macroeconomic and tax forecasts, monitors the economic situation and provides advice on macroeconomic policy, particularly fiscal policy. It is also responsible for preparing the Budget for the Government.

This work broadly reflects the goals outlined in the Treasury’s Macroeconomic Stability outcome, one of three Treasury outcomes that support government goals and where the Treasury’s contribution can make a positive impact on the lives of New Zealanders. However, staff in the Macroeconomic Group also undertake work relevant to all three outcomes.

Deputy Secretary: Peter Bushnell

Peter Bushnell was appointed Deputy Secretary and Branch Manager of the former Budget and Macroeconomic Branch in August 2003. He had previously been Branch Manager Social Policy Branch since December 1994.

Dr Bushnell joined Treasury in 1987, and has held various positions dealing with general economic policy, public sector management, government medium-term economic strategy and social policy.

He also worked for the Ministry of Agriculture and Fisheries from 1970, including two years as Director of its Economics Division. He has a PhD in agricultural economics from the University of California, Davis and a Masters in Agricultural Science from Lincoln.

Clusters and Teams

Assistant Secretary: Phil Combes

Macro Cluster

Forecasting and Monitoring

Manager: David Galt

Macropolicy 1 (Stable)

Manager: Mark Sowden

Macropolicy 2 (Sustainable)

Manager: Tim Hampton

Fiscal Management and Reporting Cluster

Fiscal Management

Manager: Chris Bunny

Fiscal Reporting

Manager: Hugh Packer

Debt Management Office

Manager: Phil Combes

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