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Annual Report of the Treasury for the Year Ended 30 June 2014

Monitoring of Statutory Agencies and Shareholdings

The Treasury has ongoing monitoring responsibility for the following Statutory Agencies and Shareholdings:

State-Owned Enterprises

  • Airways Corporation of New Zealand Ltd (Airways)
  • Animal Control Products Ltd (ACP)
  • AsureQuality Ltd (AsureQuality)
  • Electricity Corporation of New Zealand Ltd (ECNZ) (the residual company)
  • KiwiRail Holdings Ltd (KiwiRail)
  • Kordia Group Ltd (Kordia)
  • Landcorp Farming Ltd (Landcorp)
  • Learning Media Ltd (LML) in liquidation
  • Meteorological Service of New Zealand Ltd (MetService)
  • New Zealand Post Ltd (NZ Post)
  • New Zealand Railways Corporation
  • Quotable Value Ltd (Quotable Value)
  • Solid Energy NZ Ltd
  • Transpower New Zealand Ltd (Transpower)
  • Other Crown Companies:
  • Crown Asset Management Ltd (CAML)
  • Crown Fibre Holdings Ltd (CFH)
  • Crown Irrigation Investments Ltd (Crown Irrigation)
  • Health Benefits Ltd (supporting the Ministry of Health in monitoring this company)
  • Radio New Zealand Ltd (RNZ)
  • Southern Response Earthquake Services Ltd (SRESL)
  • Television New Zealand Ltd (TVNZ)
  • The Network for Learning Ltd (N4L)

Entities for which we undertake a secondary monitoring role with the MBIE:

  • AgResearch Ltd (AgResearch)
  • Fairway Resolution Ltd (Fairway)
  • Institute of Environmental Science & Research Ltd (ESR)
  • Institute of Geological & Nuclear Sciences Ltd (GNS Science)
  • Landcare Research New Zealand Ltd (Landcare Research)
  • National Institute of Water & Atmospheric Research Ltd (NIWA)
  • New Zealand Forest Research Institute Ltd (Scion)
  • New Zealand Venture Investment Fund Ltd (NZVIF)
  • Research & Education Advanced Network NZ Ltd
  • The New Zealand Institute for Plant & Food Research Ltd (Plant & Food Research)
  • Other:
  • Accident Compensation Corporation (ACC)
  • Earthquake Commission
  • Government Superannuation Fund Authority (GSF)
  • Housing New Zealand Corporation (HNZC)
  • New Zealand Lotteries Commission (Lotteries)
  • New Zealand Superannuation Fund (NZSF)
  • Public Trust
  • Entities the Crown has a partial interest in:
  • Air New Zealand Ltd
  • Christchurch International Airport Ltd (CIAL)
  • Dunedin International Airport Ltd (DIAL)
  • Genesis Energy Ltd
  • Hawkes Bay Airport Ltd (HBAL)
  • Meridian Energy Ltd
  • Mighty River Power Ltd
  • National Provident Fund (NPF)
  • NZ Local Government Funding Agency (supporting DIA in monitoring this enitity)
  • Tāmaki Redevelopment Company Ltd (TRC)

The Treasury administers the board appointment processes for all of the above companies/entities. In addition, the Treasury administers the board appointment processes for the following entities: Crown Forestry Rental Trust, Government Superannuation Appeals Board, National Infrastructure Advisory Board, New Zealand Productivity Commission, Nominating Committee for the Guardians of New Zealand Superannuation, and RBNZ. The Treasury also serves as the secretariat function for the Government Superannuation Appeals Board.

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