Half Year Economic and Fiscal Update 2019

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.

The Half Year Economic and Fiscal Update 2019 was published with the Budget Policy Statement 2020.

Half Year Economic and Fiscal Update 2019
Published: 11 December 2019
Parl. Number: B6
ISBN: 978-1-98-858058-6 (Online)
ISBN: 978-1-98-858057-9 (Print)
HYEFU 2019 cover
Half Year Economic and Fiscal Update 2019
PDF, 1.71MB
Half Year Economic and Fiscal Update 2019 - Additional Information
PDF, 623 KB
Half Year Economic and Fiscal Update 2019 - Charts and Data
XLSX, 648 KB
Half Year Economic and Fiscal Update 2019: Data - Core Crown Expense Tables
XLS, 95 KB

Contents

  • Statement of Responsibility
  • Executive Summary
  • Economic Outlook
    • Overview
    • Economic Outlook
  • Fiscal Outlook
    • Overview
    • Core Crown Tax Revenue
    • Core Crown Expenses
    • Operating Balance before Gains and Losses and the Operating Balance
    • Residual Cash and Net Core Crown Debt
    • Total Crown Balance Sheet
    • Comparison to the Budget Update
    • Key Economic Assumptions Used in the Forecast Financial Statements
  • Risks and Scenarios
    • Overview
    • Risks to the Economic Outlook
    • Alternative Scenarios
    • General Uncertainties in the Economic and Fiscal Outlook
    • Fiscal Sensitivities
    • Balance Sheet Risks
  • Specific Fiscal Risks
    • Overview
    • Summary Table
    • Policy Change Risks by Portfolio
    • Cost Pressure and Cost Variance Risks by Portfolio
    • Cross-portfolio Specific Fiscal Risks
    • Risks Removed Since the Budget Update
    • Contingent Liabilities and Contingent Assets
  • Forecast Financial Statements
    • Statement of Accounting Policies
    • Government Reporting Entity as at 25 November 2019
    • Forecast Financial Statements
    • Notes to the Forecast Financial Statements
  • Statements of Segments
  • Core Crown Expense Tables
  • Glossary of Terms
  • Time Series of Fiscal and Economic Indicators
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