![Briefing to the Incoming Minister of Housing: Monitoring Housing New Zealand Corporation and Tamaki Redevelopment Company [2013]](/mastheads/publications/briefings/housing-bim-2013.gif){kind=small}
Section 1: Direction Setting and Reporting
Managing the performance cycle: (including Letter of Expectations, Statement of Intent (SoI), and Service Agreement etc)
Treasury has lead responsibility for working with the Minister of Housing and the Minister of Finance in advising on HNZC's Letter of Expectations. Treasury also has the lead responsibility for working with HNZC and TRC in relation to the service agreement (where one is in place). Treasury will provide MBIE with copies of drafts of these documents so that both organisations can comment before the documents are finalised.
Treasury will forward the finalised SoIs to MBIE immediately after receipt.
MBIE is responsible for providing the Minister of Housing with policy advice on HNZC's and TRC's future directions, in consultation with the Treasury.
Quarterly reporting
This is a critical part of the performance cycle. Treasury will lead processes for analysis, advice and support for problem-solving.
Treasury will forward a copy of each HNZC and TRC quarterly report to MBIE immediately on receipt from HNZC and TRC, and provide a copy of any associated analysis. Treasury will lead feedback to HNZC and TRC on any deficiencies in information or reporting. It will also manage interactions with the Boards to address any performance issues identified.
Annual reports
Treasury will forward copies of HNZC's and TRC's draft Annual Report to MBIE immediately after receipt. Treasury will consult with MBIE in preparing their commentary on HNZC's and TRC's Annual Report.
Other reporting
Treasury will undertake ad hoc reporting to the Minister of Housing and the Minister of Finance as necessary, and will consult with MBIE as for quarterly reporting.
