8 blog posts found
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The Economic Update cycle: how, why, and when the Treasury is forecasting
Posted: 17 Jun 2021Budget 2021 capped a particularly busy forecasting and fiscal reporting year for the Treasury – one punctuated by September’s Pre-Election Economic and Fiscal Update (PREFU), which is ordinarily in... -
WEU Special Topic: Economic developments since Budget
Posted: 26 Jun 2020Special Topic: Economic developments since Budget There have been several significant developments in the period since the Budget Economic and Fiscal Update (BEFU) scenarios were finalised that... -
What is the value of a policy proposal?
Posted: 15 Aug 2019Author:Why broad and rigorous cost benefit analysis matters “What is the value of a proposal?” is a simple policy question. The answer is not so straightforward. However, in public policy advice it is... -
MEI Special Topic: Budget Economic and Fiscal Update 2019 Business Talks
Posted: 2 Apr 2019During the first two weeks of March, officials from the Treasury met with a range of businesses and business organisations around the country to discuss the outlook for the economy. The information... -
MEI Special Topic: Illustrating Forecast Uncertainty
Posted: 2 May 2017Topic: Budget, Economic conditions, Economic forecasting, Foreign exchange, Inflation, Interest rates, UnemploymentThe Treasury publishes economic forecasts at least twice during the year. These forecasts are communicated as a central track which represents our view of the most likely path the economy will take... -
MEI Special Topic: Key Judgements for the Economic Outlook
Posted: 1 Nov 2016Topic: Budget, Construction, Consumption, Economic forecasting, Economic growth, Economic indicators, Employment, Exports, Foreign exchange, Inflation, Interest rates, Migration, Monetary policy, National accounts, Productivity, Statistics, Tourism, TradeOver the first half of 2016 the economy grew at a faster pace than was expected in the Budget Economic and Fiscal Update (the Budget Update), as did tax revenue. Forward indicators suggest this... -
Budget 2016: Improving transparency and accessibility of Budget information
Posted: 21 Jun 2016Topic: Accountability, Budget, Economic forecasting, Financial reporting, Government, Government expenditure, National accounts, Public administration, Public deficit, Public financeAuthor:New Zealand's Budgeting practices rate well internationally in terms of transparency and accountability. The 2015 Open Budget Survey, an independent assessment covering over 100 countries, has given... -
Outlook for the Dairy Sector
Posted: 7 Jun 2016Topic: Agriculture, Budget, Business cycles, Consumption, Economic forecasting, Economic growth, Exports, Investment, Prices, Primary industry, Productivity, Protectionism, Taxation, TradeThis Staff Insight article outlines the Treasury's current understanding of global dairy supply and demand and their implications for the outlook for dairy prices. The article also presents some...