Christopher Lewis fired a single shot towards the Queen's car as she toured the South Island city of Dunedin, the documents from New Zealand's Security Intelligence Service (SIS) spy agency revealed.
No one was hurt and police reportedly assured members of the Royal party who asked about a gunshot that they had simply heard a firework exploding.
Lewis, 17 at the time, was picked up soon after on an unrelated armed robbery charge and made a rambling confession about his attempt on the monarch's life.
He claimed to be a member of a right-wing organisation called the National Imperial Guerilla Army, which police concluded had only three members.
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Officers at the time decided against charging him with treason over the assassination attempt but pursued firearms and robbery charges.
The SIS documents, released publicly in response to a media request and seen by AFP, show police were concerned the incident would become public and conspired to keep it secret.
"Lewis did indeed originally intend to assassinate the Queen," the documents say.
"However (he) did not have a suitable vantage point from which to fire, nor a sufficiently high-powered rifle for the range from the target."
Lewis had a string of serious criminal convictions and was in jail charged with murder when he killed himself in 1997.
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