Budget update

The Budget Policy Statement (BPS) 2024 sets out the Government’s overarching goals for its term of office, and the priorities that will guide the Government’s decision-making in Budget 2024. It also sets out the Government’s fiscal strategy, including its short-term intentions and long-term objectives as required by the Public Finance Act.

Budget Policy Statement 2024

PDF, 530 KB

Budget Policy Statement 2024 - Charts and Data

XLSX, 362 KB

To support the Budget Policy Statement, the Treasury has prepared a forecast scenario drawing on preliminary economic forecasts prepared in advance of the Budget. A full set of economic and fiscal forecasts and projections will be presented in the Budget Economic and Fiscal Update, published alongside Budget 2024.

Economic and Tax Outlook - BPS 2024

PDF, 310 KB

Economic and Tax Outlook - BPS 2024 - Charts and Data

XLSX, 296 KB

Economic and Tax Outlook - BPS 2024 - Scenario

CSV, 8 KB

Mini Budget 2023

The Mini Budget sets out the Government’s response to the economic and fiscal forecast

Key Media Releases

Hon Nicola Willis

Minister of Finance

See these "Releases" on the Beehive Website:

Economic repair job begins

Fiscal repair job underway

First steps for tax and income relief announced

Strengthening Fiscal Responsibility Rules

The update includes Treasury’s economic forecasts and the forecast financial statements of the Government incorporating the financial implications of government decisions up to 23 November and other information relevant to the fiscal and economic outlook.

Half Year Economic and Fiscal Update 2023

PDF, 1.52 MB

Half Year Economic and Fiscal Update 2023 - Charts and Data

XLSX, 1.36 MB

Half Year Economic and Fiscal Update 2023 - Core Crown Expense Tables

XLSX, 192 KB

Half Year Economic and Fiscal Update 2023 - Economic Forecasts Data

CSV, 22 KB