In the past year the unemployment rate was the lowest in a decade, and growth in annual hourly earnings was the highest it has been in a decade. Download historical data for 20 million indicators using your browser. Publish your articles and forecasts in our website. — Reuters, New Zealand approves euthanasia, set to reject recreational marijuana, The next Lomu? Wages are expected to grow faster than inflation in every year of the forecast period, averaging around 3.5 per cent per year, helping New Zealanders with the cost of living. The Treasury's 2020 Budget Economic and Fiscal Update (Budget Update) forecasts and alternative scenarios indicate there will be a sharp fall in economic activity and a substantial rise in unemployment. The most recent published forecast is the: The next forecast will be the Half Year Economic and Fiscal Update 2020 to be published at a date yet to be determined. 1 The Terrace, Wellington 6011, New Zealand, PO Box 3724, Wellington 6140, New Zealand, Benchmarking Administrative & Support Services Agency Report for the Treasury, Previous winners of the Tertiary Challenge, APEC 2006 Viet Nam: Public Sector Governance Seminar Furama Hotel, Da Nang, 10 September 2006, APEC Pensions & Annuities Markets - 8-9 Nov 2007 - Singapore - Treasury Seminars - Asia-Pacific Economic Cooperation (APEC), Draft Agenda - APEC Pensions & Annuities Markets 8-9 Nov 2007 - Singapore, Savings Policy Workshop: A Dialogue on Savings and Capital Market Development Melia Hotel, Hanoi, 1 September 2006, Speakers' Biographies - APEC Pensions & Annuities Markets 8-9 Nov 2007 - Singapore, Strengthening Economic and Legal Infrastructural Coordinating Group, The Policy, Performance and Advisory Stream, Matai - the Treasury's new macroeconomic forecasting model, Revenue Effect of Changes to Key Tax Rates, Bases and Thresholds for 2019/20, Public Finance Act provisions for establishing a multi-category appropriation, Overview guidance on the administration and use of appropriations, Administration and Use of Appropriations: Technical Guidance for Departments, Better Business Cases - Investing for Change for Better Value, Implementation, Management, Monitoring Guidance, Monitoring SOE's and Crown entities and departments, Financial Reporting Policies and Guidance, Risk-free Discount Rates and CPI Assumptions, New Zealand International Financial Reporting Standards 2007-2014, Public Sector PBE Standards - Comparison to NZ IFRS (PBE), Transition to Public Benefit Entity (PBE) Standards, Guidance for Public Benefit Entities Reporting Under Crown Accounting Policies and PBE Standards, Overview of the Public Sector PBE Standards, Applying a wellbeing approach to agency planning and performance reporting, Cost Benefit Analysis including Public Sector Discount Rates, ICR - Quality of Long Term Investment Plans, ICR - Organisational Change Management Maturity, BBC and the Investment Management Life Cycle, The BBC Framework and the Annual  Budget Process.

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