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Half Year Economic and Fiscal Update 2016

Half Year Economic and Fiscal Update
2016 Additional Information

The following information forms part of the Half Year Economic and Fiscal Update 2016 (Half Year Update) released by the Treasury on 8 December 2016. This information provides further details on the Half Year Update and should be read in conjunction with the published document. The additional information includes:

  • Detailed economic forecast information - tables providing breakdowns of the economic forecasts.
  • Treasury and Inland Revenue tax forecasts - detailed tax revenue and receipts tables comparing Treasury's forecasts with Inland Revenue's forecasts.
  • Tax Policy changes - there were no material changes to forecast tax revenue since the Budget Economic and Fiscal Update 2016 (Budget Update) as a result of revenue and/or spending initiatives.
  • Additional fiscal indicators - estimates of the cyclically-adjusted balance and fiscal impulse.
  • Accounting policies - outline of the specific Crown accounting policies.
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