Treasury's potential growth assessment is crucial

Treasury's potential growth assessment is crucial
Treasury has been steadily revising down its productivity forecasts since Budget 2023. (Image: NZME)
Cameron Bagrie
The upcoming Half-Year Economic and Fiscal Update (HYEFU) has the usual advance commentary. Expectations of a return to surplus are being pushed out a year. However, they are still assumed to be achieved within the forecast period because another year has been added, the trajectory for debt will be higher with more bonds issued, and there is pending tension pulling together the 2025 Budget, which will be difficult. One set of numbers matters the most. And watch the land mines.The key numberA critical number will be where Treasury asse...

More Opinion

NZ’s farmers need innovation – not delays
Opinion

BusinessDesk: NZ’s farmers need innovation – not delays

One in four jobs in New Zealand are tied to the food and fibre sector’s success.

Private equity's fee-line for asset management
Opinion

David Chaplin: Private equity's fee-line for asset management

Big fish eat the little ones; are they swimming NZ's way?

David Chaplin 29 Jul 2025
When crypto meets real estate
Opinion

Maria Slade: When crypto meets real estate

What happens when the most tangible and intangible of assets intersect?

Maria Slade 28 Jul 2025