Govt ponders enduring wellbeing measures, new oversight agency

Wed, 12 Sep 2018

Sept. 12 (BusinessDesk) - Embedding specific wellbeing indicators into Public Finance Act may provide short-term certainty but could prove less durable if those yardsticks change over time, the government says. The Labour-led coalition is planning to incorporate wellbeing measures in the 2019 budget, but also wants to see them become a cornerstone of the Crown's long-term planning to complement and inform the government's economic targets. Treasury is working with Statistics New Zealand to build a broad framework to measure wellbeing, but...

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