Abstract:
The Treasury has been working towards higher living standards for all New Zealanders. Over recent years, the Treasury has developed a Living Standards Framework (LSF) to assess the impact of government policies on current and long-term wellbeing. This framework takes into account the reporting requirements that the Treasury is obligated to deliver to the Organisation for Economic Cooperation and Development (OECD). This paper has been prepared by the Treasury recognising the growing influence and impact of the Pacific diaspora and intergenerational population on the New Zealand economy and on New Zealand's place in the wider Pacific region.
