6 blog posts found
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Taking age into account
Posted: 18 Apr 2017Topic: Consumption, Cost of living, Fiscal policy, Households, Income, National accounts, Older people, Savings, Standard of living, Time series models, WealthAuthor:I sometimes wonder if my two kids, born in the late-1980s, will be part of a generation that won't have the economic resources, income and assets, in their middle age as my generation had. There is... -
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 ... -
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... -
Economic impacts of foreign direct investment
Posted: 16 Aug 2016Topic: Capital, Capital movements, Economic growth, Income, Innovation, International finance, International investment, Investment, National accounts, Productivity, Risk management, Savings, Skilled workersAuthor:In October 2015 the Government published a report, International Investment for Growth, which sets out the benefits of foreign investment for New Zealand. The analysis in this article informed... -
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...