82 blog posts found
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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... -
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... -
Half-year Financial Results for State-owned Enterprises and Airports
Posted: 7 Apr 2017Author: ,This article provides an overview of State-owned Enterprises’ (SOEs’) and the Christchurch, Dunedin and Hawke’s Bay airports’ published six months financial results (the six months to 31 December... -
MEI Special Topic: March 2017 Business Talks
Posted: 4 Apr 2017Topic: Competition (business), Consumption, Economic conditions, Industry, Investment, Labour force, Pay, Prices, Primary industry, Regional development, Service industriesIn the second week of March, Treasury officials met with around 20 businesses in Auckland, Wellington and Christchurch to discuss the outlook for the economy. The information gathered will be used to... -
New Zealand Export Credit Office: Recent mandate and products changes
Posted: 28 Mar 2017This article explains the role of the New Zealand Export Credit Office (NZECO) and sets out the recent changes to NZECO’s mandate and products. Earlier last year, following a review by the Treasury... -
New Zealand on top of the world for ease of doing business
Posted: 15 Mar 2017Author:New Zealand always ranks highly in the World Bank’s Ease of Doing Business report. This year, we have come out first. What has brought about this change? Have we still got room for improvement?... -
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: CPI Inflation
Posted: 8 Feb 2017Topic: Economic growth, Economic indicators, Employment, Housing, Inflation, Macroeconomics, Petrol, PricesAnnual Consumers Price Index (CPI) inflation rose from 0.4% to 1.3% in December 2016. This brings inflation back within the RBNZ's target band (of 1-3%) for the first time since 2014. The sudden rise... -
MEI Special Topic: Implications of Kaikōura earthquakes for the New Zealand economy
Posted: 7 Dec 2016Topic: Construction, Housing, Infrastructure, Insurance, Primary industry, Railways, Regional development, Service industries, Tourism, TransportA magnitude 7.8 earthquake occurred in North Canterbury just after midnight on 14 November causing extensive damage and some loss of life in the Kaikōura and adjoining regions. The town of Kaikōura,... -
Why high income households get benefits
Posted: 23 Nov 2016Topic: Demographic change, Econometric modelling, Education, Employment, Households, Income, Older people, Pensions, Qualifications, Retirement, Social security, StatisticsAuthor:Today's Staff Insights article presents selected demographic statistics for New Zealand by income quintile for the 2014/15 tax year. The article discusses the data, how to interpret it and some...