An overview of the New Zealand Government's Budget process and links to the most recent Budget documents as well as links to past Budgets.
The Treasury's Role
The Treasury helps in the preparation of the government's annual Budget by:
- advising the Minister of Finance on Budget policy
- preparing the macroeconomic and fiscal forecasts
- compiling and processing budget initiative proposals from Vote Ministers, and
- preparing budget documents such as the Estimates, the Budget Economic and Fiscal Update and the Fiscal Strategy Report.
Budget 2024
The Minister of Finance, Hon Nicola Willis, delivered Budget 2024 on 30 May 2024.
The Budget Policy Statement 2024 is the first document in the Budget 2024 cycle and was released on 27 March 2024.
Previous Budgets
Other key publications
The Treasury's forecasts for government finances and the New Zealand economy are published at least twice a year in Budget documents called Economic and Fiscal Updates (EFUs).
The most recent forecasts are: Budget Economic and Fiscal Update (BEFU) and Half Year Economic and Fiscal Update (HYEFU).
Overview of the New Zealand government's Budget process and its key phases and the documents that make up the Budget: