Politics · NZ ·

Treasury reports improved fiscal outlook driven by higher tax revenue

Interest.co.nz · Politics

Published · Updated

  • Treasury's pre-election update shows an improved fiscal outlook driven primarily by higher tax revenue.
  • Operating Balance Gains Before Gains and Losses excluding ACC improved by $11.5 billion over the forecast period.
  • OBEGALx is now expected to return to surplus in 2027/2028, one year earlier than previously forecast.
Higher tax revenue primary driver of improved fiscal outlook, Treasury says
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