Half Year Economic and Fiscal Update 2025

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.

Half Year Economic and Fiscal Update 2025
Published: 16 December 2025
Parl. Number: B6
ISBN: 978-1-991149-69-5 (print),
ISBN: 978-1-991149-70-1 (online)
HYEFU 2025 cover
Half Year Economic and Fiscal Update 2025
PDF, 1.65 MB
Half Year Economic and Fiscal Update 2025 - Supplementary Information
PDF, 811 KB
Half Year Economic and Fiscal Update 2025 - Structural changes to the HYEFU 2025 Risks Chapter
PDF, 100 KB
Half Year Economic and Fiscal Update 2025 - Charts and Data
XLSX, 1.9 MB
Half Year Economic and Fiscal Update 2025 - Core Crown Expense Tables
XLSX, 188 KB
Half Year Economic and Fiscal Update 2025 – Supplementary Information - Charts and Data
XLSX, 103 KB
Half Year Economic and Fiscal Update 2025 - Economic and Fiscal Forecasts Data
XLSX, 108 KB

Contents

  • Statement of Responsibility
  • Executive Summary
  • Economic Outlook
  • Fiscal Outlook
  • Risks to the Forecasts
  • Forecast Financial Statements
  • Core Crown Expense Tables
  • Glossary of Terms
  • Time Series of Fiscal and Economic Indicators