The OBEGAL Forecast measures the projected operating balance before gains and losses for New Zealand's government finances.
Releases at
02:00
Friday, October 30, 2026 at 02:00
The OBEGAL Forecast provides insight into the government's expected fiscal position, indicating whether it anticipates a surplus or deficit in its operating budget.
Investors and policymakers watch this forecast to assess the government's fiscal health and its potential impact on economic growth and borrowing costs.
A stronger than expected OBEGAL forecast can signal fiscal discipline, potentially supporting the national currency and government bond prices.
Indicates a stronger fiscal position, which may boost confidence in the economy and support the NZD and government bonds.
Suggests a weaker fiscal outlook, potentially weighing on the NZD and increasing government borrowing costs.
Likely to have minimal immediate impact on markets as the forecast meets investor anticipations.