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Budgets of the New Zealand Government

Page updated 29 Feb 2012

An overview of the New Zealand government's Budget process and links to the most recent Budget documents as well as an archive of older Budgets.

Budget 2012

See the Budget 2012 homepage.

The Budget Policy Statement 2012 was released on Thursday, 16 February 2012.

The Minister of Finance has announced that Budget 2012 will be delivered on 24 May 2012. The embargo time is usually 2pm. Read the media statement by Hon Bill English, Minister of Finance on the Beehive website: Finance Minister to deliver Budget on 24 May (29 February 2012).

Budget 2011

See the Budget 2011 homepage for Budget documents released on Budget Day, 19 May 2011.

The Pre-election Economic and Fiscal Update 2011 was published on 25 October 2011.

The Budget Policy Statement 2011 was published on 14 December 2010 conjointly with the Half Year Economic and Fiscal Update 2010.

The Treasury's Role

The Treasury helps in the preparation of the government's annual Budget by:

  • advising the Minister of Finance on Budget policy;
  • preparing the macroeconomic and fiscal forecasts;
  • compiling and processing budget initiative proposals from Vote Ministers; and
  • preparing budget documents such as the Estimates, the Budget Economic and Fiscal Update and the Fiscal Strategy Report.

Other Key Publications and Links

Forecasts (Economic and Fiscal Updates)

The Treasury's forecasts for government finances and the New Zealand economy are published at least twice a year in Budget documents called Economic and Fiscal Updates (EFUs).

Budget Process

Overview of the New Zealand government's Budget process, its key phases and the documents that make up the Budget.

Archive of Budgets 2010 - 1997

Links to key documents from Budgets 2010 to 1997.

Vote History Information organises the Budget documents by Vote, rather than by type of document, back to Budget 1998.

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