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A strategic review of the Treasury’s long-term insights briefing

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  • Dennis Wesselbaum

Abstract

The 2025 Long-Term Insights Briefing (LTIB) by the New Zealand Treasury is a valuable contribution to fiscal foresight, emphasizing resilience, transparency, and long-term thinking. It highlights core fiscal principles and outlines key challenges but stops short of deeper analysis. This policy note critiques the LTIB’s limitations, including insufficient attention to monetary-fiscal interactions, debt sustainability, expectations management, and climate risks. It also notes gaps in distributional analysis, structural challenges, and strategic foresight. To strengthen future briefings, Treasury must adopt a bolder, more analytically rigorous agenda that incorporates complex risks, embraces new tools, and better aligns fiscal strategy with evolving macroeconomic realities.

Suggested Citation

  • Dennis Wesselbaum, 2026. "A strategic review of the Treasury’s long-term insights briefing," New Zealand Economic Papers, Taylor & Francis Journals, vol. 60(1), pages 142-147, January.
    • Handle: RePEc:taf:nzecpp:v:60:y:2026:i:1:p:142-147
    DOI: 10.1080/00779954.2025.2561716
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