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Budget 2007

Page updated 25 Oct 2007

This is the home page for Budget 2007 for the Government of New Zealand, delivered by the Minister of Finance, Hon Dr Michael Cullen, on 17 May 2007.

Budget 2007 Logo.

Budget Documents

The core Budget documents available on the Treasury web site are listed below. Most of these documents are tabled in Parliament by the Minister of Finance on Budget day.

Executive Summary: Minister's Statement, the Government's Finances at a Glance, New Spending in Budget 2007
The Executive Summary is the overview of all the Budget information and contains the key points for the media and general public. It summarises the Government's spending decisions and generally focuses on issues raised in the Budget Speech, Budget Economic and Fiscal Update and Fiscal Strategy Report.
Budget Speech
The Budget Speech is the Minister of Finance's speech at the start of Parliament's Budget debate. The Speech generally focuses on the overall fiscal and economic position, and how the Government will fund its policy priorities.
Fiscal Strategy Report
The Fiscal Strategy Report sets out the Government's fiscal strategy and measures how the Government is progressing against its overall goals in areas such as balancing operating revenues and expenses, and achieving debt objectives. It includes fiscal trends covering at least the next ten years, and a comparison with progress towards the long-term fiscal objectives set out in the Budget Policy Statement 2007.
Budget Economic and Fiscal Update (BEFU) 2007
This document includes Treasury's overall economic forecasts and forecast financial statements of the Government. The Update includes the implications of government financial decisions and other information relevant to the fiscal and economic position. There is information available on this website that is not included in the printed documents.
Estimates of Appropriations for the Government of New Zealand for the Year Ending 30 June 2008
The Estimates outline the costs the Government plans to incur on each specified area within each "vote" for the coming year.
Supplementary Estimates of Appropriations for the Government of New Zealand for the Year Ending 30 June 2007
The Supplementary Estimates outline the additional money required to cover the current year's spending.
Departments' Statements of Intent (SOIs)
The SOI provides information about how each government department intends to manage for outcomes over the next 3-5 years. The SOI also contains annual financial and output expense information required under the Public Finance Act 1989.  Links are provided to each department's SOI. 

Ministers' Budget-Related Information

Material prepared by Ministers' offices and departments to explain some of the key Budget initiatives:

  • Budget Media Statements by Ministers are available from the Beehive website's Budget 2007 page

The Treasury hosts the Government's information pages relating to these Budget 2007 initiatives:

Treasury Budget-Related Information

Other material produced or published by the Treasury includes:

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