BEFU Archive

  • frog

    Treasury’s Oil BEFU - by frog



    I promised to follow up on last week’s Budget Economic Forecast Update, (BEFU), in order to compare it to my own predictions of what Treasury would predict. If you look at the chart from my post before Budget day, you will see that I predicted that Treasury would be lazy and just cut and paste [...] read more
    May 28, 2008 9:36 am - 26 Comments
  • frog

    Frog’s Oil BEFU - by frog



    It has come to my attention that Treasury is not really interested in making an effort to forecast oil prices, despite the fact that the rest of New Zealand places huge faith in the Budget Economic Forecast Update, or BEFU. Historically I have been reluctant to make any forecasts, but today, I am going to [...] read more
    May 21, 2008 10:22 am - 40 Comments