Treasury Presentation - Launch of the Long-term Fiscal Statement: IN-PERSON

Join the Treasury’s Secretary Iain Rennie for the launch of the Treasury’s 2025 Long-term Fiscal Statement.

This is your opportunity to be among the first to hear from Iain Rennie on the Treasury’s new thinking about the choices available to ensure a fiscally sustainable path. The Treasury’s sixth Long-term Fiscal Statement draws on lessons of the past two decades as well as new modelling and analysis to inform what the next forty years may hold for New Zealand’s fiscal position. The report highlights the crucial choices governments will need to take to balance revenue and expenditure for generations to come, particularly in the face of pressures arising from long-term trends such as an ageing population and climate change.

It is the second of three fiscally-themed stewardship reports the Treasury is releasing in 2025 – our final Long-term Insights Briefing was published in August, and our Investment Statement will come later this year. Our 2025 suite of stewardship reports is intended to support a sustained public discussion on long-term fiscal objectives to support high living standards for all New Zealanders.

About this event

This will be a hybrid event. Please use this site to register if you plan to attend it in person.

If you would like to attend it virtually, please use THIS LINK to register.

About the presenter

Iain Rennie was appointed Secretary and Chief Executive to the Treasury in November 2024.

From 2008 to 2016 Iain led the public service in the role of State Services Commissioner, and Deputy State Services Commissioner (2007–2008).

Between 2016 and 2024 Iain worked internationally advising national and state governments on public sector and economic reform.

Iain started his public service career at the Treasury in 1986 when he joined as an economic and financial analyst in the Budget and Macroeconomic branch. He was an economic advisor at the Department of the Prime Minister and Cabinet, on secondment from the Treasury, from 1990 to 1993. For 10 years Iain was a Treasury Deputy Secretary, overseeing the Budget and Macroeconomic Branch from 1997 to 2003 and Regulatory and Tax Policy from 2003 to 2007. Between November 2021 and November 2024, he was the Independent Chair, Financial Statements of Government Audit Committee, at the Treasury.

Iain holds a Bachelor of Arts (Honours), majoring in economics, from Victoria University of Wellington. He was awarded the Companion of the New Zealand Order of Merit (CNZM) in 2017 for services to the state.

More information

Under the Public Finance Act 1989, the Treasury is required to produce a Long-term Fiscal Statement every four years.

Information on the Treasury’s upcoming Long-term Fiscal Statement and other stewardship reports can be found here: The Treasury’s stewardship reports | The Treasury New Zealand.

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