The Treasury

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Government's vision

Government’s vision

An inclusive New Zealand where all people enjoy the opportunity to fulfil their potential, prosper and participate in the social, economic, political and cultural life of their communities and nation.

Government’s priorities (themes)

Economic transformationFamilies - young and oldNational identity
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The Treasury’s vision

A world-class Treasury working for higher living standards for New Zealanders.

The Treasury’s goal

The Treasury is a highly engaged, relevant and respected economic and financial policy advisor, making an impact on the issues that are important to New Zealand’s economic performance and State sector performance.
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The Treasury’s outcomes

Improving New Zealand’s economic performanceA stable and sustainable macroeconomic environmentImproving State sector performance
The Treasury brings an overall perspective that includes analysis on institutions, macroeconomics and microeconomics and how it all fits together, to advise on what really matters for New Zealand’s economic performance – with a principal focus on sustainable growth. The Treasury provides advice on macroeconomic conditions and fiscal policy and on the performance of monetary and financial policy. We also provide timely and accurate economic and fiscal data through economic and fiscal forecasts and reporting through the Crown accounts.The Treasury provides advice to ensure the work of the State sector represents value for money in achieving the Government’s aims and objectives. This includes advice on policy and regulatory settings, the public management system, and the management, and return on, the Crown’s assets and liabilities.

Central agency leadership

Together with the Department of the Prime Minister and Cabinet and the State Services Commission, the Treasury has an interest in a high-performing, trusted and accessible State sector. Central agencies have a key leadership role to play in aligning the activities of the State services with Government’s priorities and making sure that Ministers receive the best possible advice before making decisions.
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Results focus

Through the results focus we are being more explicit about the areas we think will make the greatest contribution to achieving our outcomes, the impact we are seeking in these areas, and what we are going to do to achieve this.
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Treasury output classes

  • Budget management
  • Debt and related financial asset management
  • Economic and fiscal forecasting and reporting
  • Management of claims against the Crown, contractual liabilities and Crown properties
  • Policy advice: financial and public sector management systems
  • Policy advice: general economic and fiscal strategies
  • Policy advice: ownership and performance of Crown companies and financial institutions
  • Policy advice: regulation and Vote purchase, ownership and performance issues
  • Policy advice: tax

CCMAU – Crown company monitoring advice to:

  • the Minister for Crown Research Institutes
  • The Minister for State-Owned Enterprises and other Responsible Ministers
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