Last updated:
Tuesday, 22 November 2016
He Tirohanga Mokopuna, the Treasury's 2016 Statement on New Zealand's Long-Term Fiscal Position, was published on 22 November 2016.
Read the media statement by Gabs Makhlouf, Secretary to the Treasury:
- The Treasury Publishes Statement on the Long-Term Fiscal Position (22 November 2016).
A number of trends will affect New Zealand's future living standards, including demographics – and an ageing population. This Statement recognises that we cannot consider the fiscal impacts of these trends in isolation from their wider impact on living standards. This Statement also builds on the 2014 Treasury narrative around priorities for New Zealand's future, Holding On and Letting Go: Opportunities and challenges for New Zealand's economic performance - A perspective from the Treasury. This work will provide the foundations for the Treasury's future strategic documents, particularly the next Investment Statement, due by 2018.
The Public Finance Act (1989) requires the Treasury to produce a Statement on the Crown's Long-Term Fiscal Position at least every four years. These statements provide 40-year projections on the fiscal position, identify challenges that will face future governments, such as those arising from society's ageing population, and provide members of the public with information on evidence-based options for meeting those challenges.
Documents
| Doc. Date | Author | Title | View/Download |
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Key Documents |
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| Nov 2016 | The Treasury | He Tirohanga Mokopuna: 2016 Statement on the Long-Term Fiscal Position |
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| Nov 2016 | The Treasury | He Tirohanga Mokopuna: 2016 Statement on the Long-Term Fiscal Position - At a glance One page overview at A3 size. |
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| 22 Nov 2016 | Gabriel Makhlouf, Secretary to the Treasury | Speech: Prosperity, Preparedness, Providence: Why Fiscal Policy and Management Matter Available in HTML format. |
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| 22 Nov 2016 | Gabriel Makhlouf, Secretary to the Treasury | Media Statement: The Treasury Publishes Statement on the Long-Term Fiscal Position | |
| Nov 2016 | The Treasury | Charts and Data - He Tirohanga Mokopuna: 2016 Statement on the Long-Term Fiscal Position |
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| 22 Nov 2016 | The Treasury | Long-Term Fiscal Model Updated for the 2016 Statement on the Long-Term Fiscal Position | |
Background Papers |
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| Nov 2016 | Dan Weijers & Udayan Mukherjee | Living Standards, Wellbeing, and Public Policy |
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| Nov 2016 | Tony Burton, Louise Butler, Melissa Piscetek, Paul Rodway, Caroline Reid & Robert Templeton | The Benefits of Improved Social Sector Performance |
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| Nov 2016 | Tony Burton, Louise Butler, Melissa Piscetek, Paul Rodway, Caroline Reid & Robert Templeton | Data, Charts and Tables - The Benefits of Improved Social Sector Performance | |
| Nov 2016 | Robert Templeton | Treasury Analytical Paper AP 16/04: Using IDI Data to Estimate Fiscal Impacts of Better Social Sector Performance |
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| Nov 2016 | Melissa Piscetek & Matthew Bell | Demographic, Economic, and Fiscal Assumptions and Modelling Methods in the 2016 Long-Term Fiscal Model |
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| Nov 2016 | The Treasury | Conversations about things that matter: Reflections from the Treasury’s Long-Term Fiscal Statement external engagement process |
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