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Half Year Economic and Fiscal Update

The Update includes Treasury's economic forecasts and the forecast financial statements of the Government incorporating the financial implications of Government decisions and other information relevant to the fiscal and economic outlook.

The Half Year Economic and Fiscal Update 2016 was published with the Budget Policy Statement 2017.

Half Year Economic and Fiscal Update 2016
Published: 8 December 2016
Parl. Number: B6
ISBN: 978-0-908337-43-9 (Online)
ISBN: 978-0-908337-42-2 (Print)
Also published on the Treasury website.
Half Year Economic and Fiscal Update 2015
PDF 1,102 KB
Half Year Economic and Fiscal Update 2015 - Additional Information
PDF 273 KB
Half Year Economic and Fiscal Update 2015 - Charts and Data
XLS 1,897 KB


  • Statement of Responsibility
  • Executive Summary
  • Economic Outlook
    • Overview
    • Recent Developments and Near-term Outlook
    • Medium-term Outlook
  • Fiscal Outlook
    • Overview
    • Core Crown Tax Revenue
    • Core Crown Expenses
    • Operating Balance
    • Residual Cash
    • Net Core Crown Debt
    • Total Crown Balance Sheet
    • Comparison to the Pre-election Update
    • Fiscal Forecast Assumptions
  • Risks and Scenarios
    • Overview
    • Economic Risks
    • Alternative Scenario
    • General Fiscal Risks
  • Specific Fiscal Risks
    • Overview
    • Statement of Specific Fiscal Risks
    • Contingent Liabilities and Contingent Assets
  • Forecast Financial Statements
    • Statement of Accounting Policies
    • Government Reporting Entity as at 27 November 2015
    • Forecast Financial Statements
    • Notes to the Forecast Financial Statements
    • Forecast Statement of Segments
  • Core Crown Expense Tables
  • Glossary of Terms
  • Time Series of Fiscal and Economic Indicators
  • Additional Information
  • Charts and Data
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