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Challenges and Choices: New Zealand's Long-Term Fiscal Statement

Publication Details

  • Challenges and Choices: New Zealand's Long-term Fiscal Statement
  • Published: 29 Oct 2009
  • Status: Current
  • Author: The Treasury
     

    Challenges and Choices: New Zealand's Long-term Fiscal Statement

    Published 29 Oct 2009
    Page updated 7 Jul 2010

    Presented to the House of Representatives Pursuant to Section 26N of the Public Finance Act 1989.

    This is the second in the series of Statements on the Long-term Fiscal Position published by the Treasury.

    The Treasury is required under the Public Finance Act 1989 (as amended in 2004) to publish a statement at least every four years and each statement must have a - projection-horizon of at least 40 years.

    Read the related media statement Long-term Fiscal Statement Released (29 October 2009) and the speech by the Secretary to the Treasury, John Whitehead: New Zealand's Long-term Fiscal Statement Challenges and Choices (29 October 2009).

    Challenges and Choices: Modelling New Zealand's Long-term Fiscal Position is a Treasury working paper that provides further detail on the assumptions and modelling framework behind Challenges and Choices.

    Data from Charts and Graphs in the Statement

    This chartpack contains all the charts and data used in Challenges and Choices.  It also has some aggregate fiscal data from the projections. Download the chartpack: ltfs-09-chartpack.xls (597 KB)

    Contents

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    Statement of Responsibility under Section 26N of the Public Finance Act (1989)

    1 Introduction

    Part A - the issues

    2 Key issues

    3 The fiscal outlook

    4 Could things be different?

    Part B - broad choices

    5 What role could tax play?

    6 How would spending have to change?

    7 Specific policy areas

    Part C - options

    8 Combined scenarios

    9 Conclusion

    Appendix 1 - key assumptions

    ltfs-09.pdf (666 KB) pp. 75
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