List of Acronyms

• ACC - Accident Compensation Corporation
• ALM - Asset and Liability Matching
• AMI - AMI Insurance Ltd
• APEC - Asia-Pacific Economic Cooperation
• APR - Annual Portfolio Report
• BASS - Better Administrative and Support Services
• BEFU - Budget Economic and Fiscal Update
• BIM - Briefing to the Incoming Minister
• BPS - Budget Policy Statement
• CAM - Capital Asset Management
• CAML - Crown Asset Management Ltd
• CASS - Central Agencies Shared Services
• CBA - Cost Benefit Analysis
• CERA - Canterbury Earthquake Recovery Authority
• CERF - Canterbury Earthquake Recovery Fund
• CFI - Crown Financial Institution
• COMU - Crown Ownership Monitoring Unit
• CPI - Consumer Price Index
• CRI - Crown Research Institute
• CSD - Crown Support Deed
• DBH - Department of Building and Housing
• DBP(A) - Defined Benefit Plan (Annuitants)
• DGS - Deposit Guarantee Scheme
• DHB - District Health Board
• DICE - Departmental Internal Control Evaluation
• DOL - Department of Labour
• DPMC - Department of the Prime Minister and Cabinet
• ECA - Export Credit Agency
• ELT - Executive Leadership Team
• EMUs - Electric Multiple Units
• EQC - Earthquake Commission
• FSR - Fiscal Strategy Report
• FV - Fair Value
• FX - Foreign Exchange
• GDP - Gross Domestic Product
• GEN - Government Economics Network
• GSF - Government Superannuation Fund
• GST - Goods and Services Tax
• HSNO - Hazardous Substances and New Organisms Act 1996
• HYEFU - Half-year Economic and Fiscal Update
• IAG - IAG New Zealand Ltd
• IFIs - International Financial Institutions
• IMD - International Institute for Management Development
• IMF - International Monetary Fund
• IPO - Initial Public Offer
• IRD - Inland Revenue Department
• LGFA - Local Government Funding Agency
• MBIE - Ministry of Business, Innovation and Employment
• MC - Ministerial Correspondence
• MCOA - Multi-class Output Appropriation
• MED - Ministry of Economic Development
• MFAT - Ministry of Foreign Affairs and Trade
• MOE - Ministry of Education
• MOH - Ministry of Health
• MOIAs - Ministry Official Information Act requests
• MOJ - Ministry of Justice
• MOU - Memorandum of Understanding
• MSD - Ministry of Social Development
• MSI - Ministry of Science and Innovation
• MYA - Multi-year Appropriation
• NCEA - National Certificate of Educational Achievement
• NEET - Not in Education, Employment or Training
• NPF - National Provident Fund
• NZAE - New Zealand Association of Economists
• NZASB - New Zealand Accounting Standards Board
• NZ GAAP - New Zealand Generally Accepted Accounting Practice
• NZ IFRS - New Zealand equivalents to International Financial Reporting Standards
• NZDMO - New Zealand Debt Management Office
• NZECO - New Zealand Export Credit Office
• NZIER - New Zealand Institute of Economic Research
• NZRU - New Zealand Rugby Union
• NZTA - New Zealand Transport Agency
• NZTE - New Zealand Trade and Enterprise
• NZVIF - New Zealand Venture Investment Fund Ltd
• OBR - Open Bank Resolution
• OECD - Organisation for Economic Co-operation and Development
• OIAs - Official Information Act requests
• PAS - Public Benefit Entity Accounting Standards
• PAYE - Pay-As-You-Earn
• PIF - Performance Improvement Framework
• PLAs - Permanent Legislative Authorities
• PPPs - Public Private Partnerships
• PQs - Parliamentary Questions
• R&D - Research and Development
• RBNZ - Reserve Bank of New Zealand
• RDA - Revenue-Dependent Appropriation
• REANNZ - Research and Education Advanced Network New Zealand
• RIA - Regulatory Impact Analysis
• S&P - Standard and Poor’s
• SCF - South Canterbury Finance
• SOE - State-Owned Enterprise
• SOI - Statement of Intent
• SRESL - Southern Response Earthquake Services Ltd
• SSC - State Services Commission
• TOIAs - Treasury Official Information Act requests
• TPP - Trans Pacific Partnership
• TVNZ - Television New Zealand Ltd
• VaR - Value at Risk
• WDC - Waimakariri District Council
• WFGF - Wholesale Funding Guarantee Facility
• WTO - World Trade Organisation
• XRB - External Reporting Board