Risks Removed Since the 2009 Half Year Economic and Fiscal Update
The following risks have been removed since the 2009 Half Year Economic and Fiscal Update:
| Expired risks | Reason |
|---|---|
| ACC - Levy increases | 2010/11 levies are now finalised and their effect is included in the forecasts |
| Customs - Joint Border Management System Replacement | Systems development is being funded in Budget 2010 |
| Defence Force - Project Protector Warranty Issues | Project Protector mediation now complete and full and final warranty payments confirmed |
| Education - Early Childhood Education Ratio Changes | No longer likely |
| Education - School Staffing Entitlements | Decision taken in Budget 2010 |
| Education - Demand for Tertiary Education | Decision taken in Budget 2010 |
| Education - Early Childhood Education Funding | Decision taken in Budget 2010 |
| Education - Integrated School property | Decision taken in Budget 2010 |
| Education - Te Whare Wānangao Awanuiārangi | Decision taken in Budget 2010 |
| Education - Trades Academies | No longer meets $10m threshold for disclosure |
| Finance - New Zealand Superannuation Fund | No longer likely |
| Health - Funding Increase for Subsidised Medicines | No longer likely |
| Health - National systems development programme | Programme no longer running, no further funding sought |
| Housing - Tamaki | No longer likely |
| Justice - Greater Auckland Service Delivery Strategy | Included in Budget 2010 contingencies for Audio Visual Links and Criminal Procedure Simplification |
| Justice - Family Court Professional Services | Funded as an initiative in the Justice Allocation in Budget 2010 |
| Revenue - Goods and Services Tax - Business to Business Transactions | Revenue increases have been incorporated within baselines |
| Revenue - KiwiSaver | Has been included in the fiscal forecast assumptions |
| Revenue - Mutual Recognition and the Australian Tax Review | No longer likely |
| Revenue - Possible Structural Tax Changes | This risk is superseded by the Budget 2010 tax package |
| Revenue - Reducing Compliance Costs for Small- and Medium-sized Enterprises | No longer likely |
| Revenue - Reinstatement of Deferred Tax Cuts | This risk is superseded by the Budget 2010 tax package |
| Revenue - Revenue Implications of Recommendations from the Capital Market Development Taskforce | Recommendations have been published, risk now incorporated in "Potential Tax Changes" risk |
| Revenue - Tax Treatment of Social Assistance Programmes | This risk is superseded by the Budget 2010 tax package |
| Social Development - Increasing the Abatement-Free Income Threshold | The Government has agreed to increase the abatement-free threshold as part of the Future Focus package of benefit reforms |
| State Services - KiwiSaver Contribution | Covered by generic risk and included in forecasts |
| Tourism - Investment in Tourism Infrastructure | No longer likely |
| Transport - NZRC Operating Support and Loans | Superseded by KiwiRail risk |
