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

Cleantech: Burst bubble or our biggest opportunity?
Opinion

Peter Griffin: Cleantech: Burst bubble or our biggest opportunity?

A thriving cleantech sector could be NZ’s ticket to a sustainable, high-value economy.

Peter Griffin 02 Jul 2025
Why luxury needs a wake-up call
Opinion Fashion

Eden Bradfield: Why luxury needs a wake-up call

The focus should be on selling consumers a lifestyle, not just status symbols. 

Eden Bradfield 01 Jul 2025
Facebook is no place for risky financial investment offers
Opinion

Maria Slade: Facebook is no place for risky financial investment offers

Misleading ads continue to be thrust in the faces of Mum and Dad investors.

Maria Slade 30 Jun 2025