Half Year Economic & Fiscal Update 2005

The Half Year Economic and Fiscal Update 2005 was released on Monday 19 December 2005.

This document is available in both Adobe PDF format and HTML.

HYEFU 2005 was published conjointly with the Budget Policy Statement (BPS) 2006 and the PDF version of the combined BPS and HYEFU publication is available from a separate Download page.

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Statement of Responsibility Economic and Tax Outlook Summary Assumptions Underlying the Central Forecast Recent Economic Developments Imbalances in the Economy Economic Outlook Household Spending and Interest Rates Effect of Tax Policy Changes on Tax Forecasts	hyefu05-1.pdf (200 KB) pp. [7]–26
Fiscal Outlook Fiscal Forecasts - Finalisation Dates and Key Assumptions Summary Fiscal Indicators Key Trends Revenues and Expenses Core Crown – Revenue Core Crown – Expenses State-Owned Enterprises (SOEs) – Revenue and Expenses Crown Entities – Revenue and Expenses Net Worth Comparison with Pre-election Update Why is there an Operating Surplus?	hyefu05-2.pdf (145 KB) pp. 27–54
Risks and Scenarios Summary Introduction Economic Risks Economic Scenarios Fiscal Scenarios Fiscal Sensitivities	hyefu05-3.pdf (145 KB) pp. 55–66
Specific Fiscal Risks Introduction Charges against Future Budgets Time-Limited Funding Quantified Risks Unquantified Risks Risks removed since the Pre-election Update Statement of Fiscal Risks Contingent Liabilities	hyefu05-4.pdf (245 KB) pp. 67–88
Generally Accepted Accounting Practice (GAAP) Series Tables Statement of Accounting Policies and Forecast Assumptions Reporting Entity as at 7 December 2005 Forecast Financial Statements Notes to the Forecast Financial Statements	hyefu05-5.pdf (218 KB) pp. 89–118
Core Crown Expense Tables Glossary of Terms	hyefu05-6.pdf (154 KB) pp. 119–126
Additional Tables Available in PDF format only	hyefu05-7.pdf (149 KB) pp. 1-31

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Publication Details

Half Year Economic & Fiscal Update 2005

Contents

Statement of Responsibility

Economic and Tax Outlook

Fiscal Outlook

Risks and Scenarios

Specific Fiscal Risks

Generally Accepted Accounting Practice (GAAP) Series Tables

Core Crown Expense Tables

Additional Tables
Available in PDF format only

Global Navigation

Personal tools

Publication Details

Half Year Economic & Fiscal Update 2005

Contents

Statement of Responsibility

Economic and Tax Outlook

Fiscal Outlook

Risks and Scenarios

Specific Fiscal Risks

Generally Accepted Accounting Practice (GAAP) Series Tables

Core Crown Expense Tables

Additional TablesAvailable in PDF format only

Additional Tables
Available in PDF format only