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Did Treasury's Half Year Economic and Fiscal Update in December 2025 include any scenario analysis or risk assessment relating to oil price shocks or Middle East geopolitical risk, and if not, why not?

Answered Question 13954 (2026)
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Asked by

Megan Woods

Member for Wigram · Labour Party

Question

  • Did Treasury's Half Year Economic and Fiscal Update in December 2025 include any scenario analysis or risk assessment relating to oil price shocks or Middle East geopolitical risk, and if not, why not?

Answered by

Hon Nicola Willis

List MP · National Party · Minister of Finance

Answer

No. The Treasury's Half Year Economic and Fiscal Update in December 2025 included scenarios related to higher or lower global demand and higher or lower productivity growth.