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Higher Living Standards

Page updated 30 Jan 2013

Our vision is to be a world-class Treasury working for higher living standards for New Zealanders.

Higher Living Standards Framework - Assess the Impact of Policy Advice Across Key Living Standards Dimensions

By living standards we mean ...

Living standards encompass much more than just income or GDP. It also includes a broad range of material and non-material factors which impact on the well-being of both the individual and society (such as trust, education, health and environmental quality).

Treasury has been working on refining its living standards framework with a view to improving its use in our policy advice.

Read the related media statement by the Treasury: Papers a new tool for fresh thinking on raising living standards (30 January 2013).

So far, the Treasury has ...

Now we have produced draft policy analyst guides and background notes...

As the next step towards integrating the five aspects of the living standards framework into policy advice, the Treasury has now released draft guides and background notes for policy analysts for each of the aspects. We would like to encourage feedback on these. Contact us at guidance@treasury.govt.nz.

Documents are available in PDF format only. Contact information@treasury.govt.nz to request HTML versions. Using PDF Files

Our next steps ...

The next steps we plan for our Living Standards work are:

  • working collaboratively with others across the public sector to develop measures for each of the five key aspects
  • encouraging researchers to contribute to an evidence base - contact guidance@treasury.govt.nz.
  • using the Living Standards aid in our work, and assess whether it improves our policy advice.
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