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Recommended Action

We recommend that you:

a note that Treasury monitors Housing New Zealand Corporation (HNZC) and the Tāmaki Redevelopment Company (TRC) on behalf of the Minister of Finance and Minister of Housing and that Treasury reports to you directly on matters concerning the monitoring of these entities (including leading, on your behalf, the relationships with the Board)

b note that Treasury will work closely and openly with the Ministry of Business, Innovation and Employment on housing issues

c agree to meet with the Treasury to discuss your expectations and requirements of the Treasury in relation to its role as monitor of HNZC and TRC, and

Agree/Disagree

d note that Appendix 1 includes a list of upcoming deliverables and suggested meetings that you may wish to follow up.

Ruth Isaac
Manager, Health & Housing

Hon Bill English
Minister of Finance

Hon Dr Nick Smith
Minister of Housing

Treasury Report: Briefing to the Incoming Minister of Housing: Monitoring Housing New Zealand Corporation and Tamaki Redevelopment Company

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