10 blog posts found
-
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: 2018 HYEFU Business Talks
Posted: 25 Jan 2019Topic: Agriculture, Business cycles, Economic forecasting, Government regulation, Industry, Infrastructure, Labour forceDuring the final week of October and early November, officials from the Treasury met with a range of businesses and organisations around the country to discuss the outlook for the economy. The... -
MEI Special Topic: Treasury forecast accuracy
Posted: 25 Jan 2019Topic: Economic conditions, Economic forecasting, Economic growth, Economic indicators, Fiscal policy, Inflation, Public financeThe Treasury regularly carries out an assessment of the accuracy of our biannual forecasts: the Budget Economic and Fiscal Update (BEFU) and the Half Year Economic and Fiscal Update (HYEFU). These... -
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... -
MEI Special Topic: Why has the current account deficit remained moderate?
Posted: 6 Sep 2016Topic: Balance of payments, Capital movements, Economic forecasting, Government securities, International finance, International investment, Investment, National accounts, SavingsThe average size of deficits recorded in the current account of the balance of payments has been relatively low in recent years. During the same period New Zealand's net external liability... -
MEI Special Topic: Implications of the Revised Household Labour Force Survey for the Economic Outlook
Posted: 3 Aug 2016Statistics New Zealand has redeveloped the Household Labour Force Survey (HLFS), the official source of data on employment and unemployment. The revisions bring New Zealand data into line with the... -
MEI Special Topic: Implications of Brexit for the New Zealand economy
Posted: 5 Jul 2016Topic: Banks, Central banks, Economic forecasting, Economic growth, Economic impact, Exports, Financial markets, Foreign exchange, Globalisation, Government securities, International agreements, Migration, Monetary policy, Monetary unions, Primary industry, Protectionism, Service industries, Tourism, TradeOn 23 June, the UK voted 52% to 48% in a referendum to leave the EU ("Brexit"). Although the referendum was regarded as binding, it will require parliamentary approval to activate Article 50 of the... -
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...