Half Yearly Economic and Fiscal Update 2018

HYEFU 2018: weighing up wellbeing

Minister of Finance Grant Robertson delivered his Budget Policy Statement today, accompanied by The Treasury’s latest forecasts. 

With the economy continuing its momentum over the next few years, the Government has made a strong commitment to invest in improving the wellbeing of New Zealanders. Employment and wage growth is expected to continue and outpace inflation, giving the Government a positive fiscal outlook to help fund its wellbeing ambitions. But while the domestic economy is expected to remain strong, there is some global uncertainty already lapping at our shores. Risks are increasing due to rising trade tensions, as well as widespread uncertainty around BREXIT and the impact US tightening will have on emerging markets.

On this page, you'll find analysis of today's HYEFU announcement and the key details of what you need to know. Further information is also available on our LinkedIn and Twitter feeds.

Richard Forgan

PwC Partner

Richard Forgan

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Richard Forgan

Partner, PwC New Zealand

Tel: +64 21 358 468

Geof Nightingale

Partner, PwC New Zealand

Tel: +64 21 940 346

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