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Budget 2017

Page updated 25 May 2017, 2pm

This is the permanent home page for Budget 2017 for the Government of New Zealand. Hon Steven Joyce is Minister of Finance.

Budget documents are available here and on the Budget website www.budget.govt.nz.

The Budget website has the Family Incomes Calculator and details of the Family Incomes Package.

Budget 2017 Logo.

The Budget website at www.budget.govt.nz is optimised for mobile and tablet devices and will provide access to Budget 2017 documents and interactive charts and features.

Documents Tabled on 25 May 2017

The core Budget documents available on the Treasury website are listed below. Most of these documents are tabled in Parliament by the Minister of Finance on Budget Day, 25 May 2017.

At-a-Glance Documents

Budget at a Glance
Budget at a Glance (with its Economic and Fiscal Outlook section) is the overview of all the Budget information and contains the main points for the media and public. This summarises the Government's spending decisions and key issues raised in the Budget Speech, the Fiscal Strategy Report, and the Budget Economic and Fiscal Update.
Capital at a Glance
Capital at a Glance is the overview of the Government's capital investment and contains the main points for the media and public. This summarises the Government's new capital investment decisions in Budget 2017 and the overall actual and forecast investment of the Government as a whole.
Family Incomes Package at a Glance
Summary of the Family Incomes Package.

Key Budget Documents

Budget Speech
The Budget Speech is the Minister of Finance's speech delivering the Budget Statement at the start of Parliament's Budget debate. The Budget Statement generally focuses on the overall fiscal and economic position, the Government's policy priorities and how those priorities will be funded.
Fiscal Strategy Report
The Fiscal Strategy Report sets out the Government's fiscal strategy in areas such as the balance between operating revenues and expenses, and its debt objectives.
Summary of Initiatives in Budget 2017
The Summary of Initiatives presents the new initiatives contained in the Budget in a number of different ways – by Budget package, by area of spending and by Vote. Each section does not build on the last, but repeats and recuts the same information.
Budget Economic and Fiscal Update (BEFU) 2017
The Update includes the Treasury's overall economic forecasts and the forecast financial statements of the Government, along with the implications of government financial decisions and other information relevant to the fiscal and economic position.
Estimates of Appropriations for the Government of New Zealand for the Year Ending 30 June 2018
The Estimates outlines for the financial year about to start (the Budget year) expenses and capital expenditure the Government plans to incur on specified areas within each Vote, and capital injections it plans to make to individual departments. The Estimates is organised into 10 sector volumes, with each Vote allocated to one sector. Supporting information in the Estimates summarises the new policy initiatives and trend information for each Vote and provides information on what is intended to be achieved with each appropriation in a Vote and how performance against each appropriation will be assessed and reported on after the end of the Budget year.
Supplementary Estimates of Appropriations for the Government of New Zealand for the Year Ending 30 June 2017
The Supplementary Estimates outlines the additional expenses, capital expenditure and capital injections to departments required for the financial year about to end. Supporting information for each Vote provides reasons for the changes to appropriations during the year, related changes in performance information and full performance information for new appropriations.

Document Tabled on 8 December 2016

Budget Policy Statement (BPS) 2017
The Budget Policy Statement sets out the overarching policy goals that will guide the government's Budget decisions and the government's priorities for the forthcoming Budget.

Ministers' Budget-related Information

Material prepared by Ministers' offices to explain some of the key Budget initiatives is available from the Beehive website's Feature: Budget 2017 page.

Budget 2017 Information Release

The Treasury will publish in July at a date to be confirmed a Budget 2017 Information Release of background information relating to Budget 2017 decisions. See previous Budget Information Releases.

Treasury Budget-related Information

Other material published by the Treasury includes:

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