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An overview of the New Zealand Government's Budget process and links to the most recent Budget documents as well as links to past Budgets.

The Treasury's Role

The Treasury helps in the preparation of the government's annual Budget by:

  • advising the Minister of Finance on Budget policy
  • preparing the macroeconomic and fiscal forecasts
  • compiling and processing budget initiative proposals from Vote Ministers, and
  • preparing budget documents such as the Estimates, the Budget Economic and Fiscal Update and the Fiscal Strategy Report.

Budget 2019

The Minister of Finance, Hon Grant Robertson, delivered the Budget 2019 on Thursday, 30 May 2019. The Budget Policy Statement 2019 was published on Thursday, 13 December 2018.

Budget 2018

The Minister of Finance, Hon Grant Robertson, delivered Budget 2018 on Thursday 17 May 2018.  The Budget Policy Statement 2018 was delivered on Thursday, 14 December 2017.

Current and past Government Budgets can be found below:

Other key publications

Forecasts (Economic and Fiscal Updates EFUs)

  • The Treasury's forecasts for government finances and the New Zealand economy are published at least twice a year in Budget documents called Economic and Fiscal Updates (EFUs). The most recent forecasts are: PREFU 2017, HYEFU 2017, and BEFU 2018.

Budget process

  • Overview of the New Zealand government's Budget process and its key phases and the documents that make up the Budget.

In this section

  • Budget 2019

  • Budget 2018

  • Budget at a Glance 2017

    Budget at a Glance (with its Economic and Fiscal Outlook section) is the overview of all the Budget information and contains the main points for the media and public. This summarises the Government's spending decisions and key issues raised in the Budget Speech, the Fiscal Strategy Report, and the Budget Economic and Fiscal Update.
  • Current and past Budgets

    These budget pages include links to current and past budget documents.
  • Forecasts

    The Treasury's forecasts for Government finances and the economy are published in Budget documents titled Economic and Fiscal Updates (EFUs).
  • Budget information releases

Last updated: 
Thursday, 30 May 2019