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Treasury paper

The Living Standards Framework (LSF) 2021

Issue date: 
Thursday, 28 October 2021
Corporate author: 
Document Date: 
Thursday, 28 Oct 2021
Publication category: 

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Executive summary Purpose and background


The Treasury would like to thank all contributors to the Living Standards Framework refresh work, especially Tim Hughes, Diana Cook, Dylan Chambers, Dominick Stephens and Tim Ng. The Treasury would also like to acknowledge the members of its Challenge Group and Wellbeing Economists Group for their expertise and advice through this process, as well as everyone else who has offered comments or reflections on the LSF over the past decade.


This paper reflects the current views, conclusions and recommendations of the New Zealand Treasury. All views expressed in this document are those of the Treasury.

Last updated: 
Thursday, 28 October 2021