Statements on New Zealand's Long-Term Fiscal Position

Page updated 12 Feb 2008

The Treasury is required under the Public Finance Act 1989 as amended in 2004 to publish at least every four years a statement on the Long-term Fiscal Position looking out at least 40 years.

The first statement is titled New Zealand's Long-Term Fiscal Position and was published on 27 June 2006.

Further Reading

Speeches by John Whitehead, Secretary to the Treasury, on New Zealand's long-term fiscal outlook:

• Beyond 2010 - Preparing for Tomorrow's Economic Challenges Today (26 July 2006);
• Facing Fiscal Futures (28 June 2006).

Research and other information: 

• Modelling New Zealand's Long-term Fiscal Position (Policy Perspectives Paper 06/01) - Outlines the methodologies and modelling techniques used in preparing the first statement;
• Model for the Statement on the Long-Term Fiscal Position 2006 - The model used for the projections in the first statement can be downloaded in MS Excel format.

Other publications required under the Public Finance Act 1989:

• Economic and Fiscal Updates - The Treasury's forecasts produced at least twice a year;
• Fiscal Strategy Report 2007 - Published as part of the Budget.