11416 (2026). Hon Barbara Edmonds to the Minister of Finance
Written Question
Published date: 03 May 2026
11416 (2026). Hon Barbara Edmonds to the Minister of Finance: What modelling, if any, has she requested on the fiscal consequences of a significant reduction in net migration, including impacts on GDP growth, tax revenue, and labour supply?
Hon Nicola Willis: Corrected reply: The Treasury is incorporating assumptions about current and projected annual net migration into the forecasts underpinning the 2026 Budget Economic and Fiscal Update. Given budget sensitivity, I cannot disclose the impacts at this stage.