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Half Year Economic & Fiscal Update 2007

Publication Details

Half Year Economic and Fiscal Update 2007
Published: Dec 2007
Status: Current
Authors: The Treasury; Government of New Zealand

Pages: [13-147 of 147]
Parl. No: B.6
ISBN: 0-478-29373-9
Pub. type: Economic and Fiscal Updates [Forecasts]; Budget 2007

Responsible units: Fiscal Management
Copyright: ©Crown Copyright

Half Year Economic & Fiscal Update 2007

Published on 18 Dec 2007

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

HYEFU 2007 was published conjointly with the Budget Policy Statement (BPS) 2008.

Browse section/chapter	Download/Page range
Statement of Responsibility Executive Summary Economic Outlook Fiscal Outlook Economic and fiscal forecasts - Finalisation dates and key assumptions	hyefu07-pt1of8.pdf (189 KB) pp. [1]14–18
Economic and Tax Outlook Introduction Growth slows after a long expansion Outlook is for continuing but easing growth Weaker world growth, but higher terms of trade Risks to the outlook for the world economy Domestic stimulus and momentum offset by some constraints	hyefu07-pt2of8.pdf (186 KB) pp. 19–34
Fiscal Outlook Introduction New Zealand International Financial Reporting Standard (NZ IFRS) - “New GAAP” Key Trends Revenue reduction contingency Why Settlement Cash is excluded from gross sovereign-issued debt The New Zealand Superannuation Fund Introduction of an Emissions Trading Scheme Revenue and Expenses Core Crown – Revenue Core Crown – Expenses Top-down adjustment to spending State-owned Enterprises and Crown Entities – OBEGAL Physical Asset Purchases and Capital Spending Comparison with Budget Update Residual Cash Debt Indicators Indicators of the Government’s Fiscal Performance and Position	hyefu07-pt3of8.pdf (229 KB) pp. 35–68
Risks and Scenarios Introduction Economic Risks Economic Scenarios Fiscal Scenarios Fiscal Sensitivities	hyefu07-pt4of8.pdf (158 KB) pp. 69–81
Specific Fiscal Risks Introduction Charges against Future Budgets Time-limited Funding Quantified Risks Unquantified Risks Risks Removed Since the 2007 Budget Update Statement of Fiscal Risks Contingent Liabilities	hyefu07-pt5of8.pdf (219 KB) pp. 83–110
Generally Accepted Accounting Practice (GAAP) Series Tables Forecast Financial Statements Statement of Accounting Policies and Forecast Assumptions Significant Accounting Policies Changes in Accounting Policies Forecast Policies Detailed Accounting Policies and Forecast Assumptions Government Reporting Entity as at 5 December 2007 Forecast Statement of Financial Performance Forecast Statement of Financial Performance (continued) – Functional Expense Analysis Forecast Statement of Cash Flows Forecast Statement of Recognised Income and Expense Forecast Statement of Financial Position Forecast Statement of Borrowings Statement of Actual Commitments Statement of Actual Contingent Liabilities and Assets Notes to the Forecast Financial Statements Forecast Statement of Segments	hyefu07-pt6of8.pdf (242 KB) pp. 111–138
Core Crown Expense Tables Glossary of Terms	hyefu07-pt7of8.pdf (113 KB) pp. 139–147
Additional Information	hyefu07-pt8of8.pdf (166 KB) pp. 1–40

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