3 blog posts found
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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: Recent Trends in Tax Revenue
Posted: 7 Mar 2017Topic: Economic growth, Economic indicators, Housing, Income, National accounts, Public finance, Service industries, Superannuation, TaxationCore Crown tax revenue is currently around $70 billion a year and is forecast to increase to $90 billion by 2020/21. Tax revenue is by far the largest share of core Crown revenue ($76 ... -
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...