Annex 1: Indicative list of responsibilities

Indicative list of responsibilities
Treasury lead
Engagement with Ministers on Letter of Expectations
Engagement with HNZC (and TRC) on SOI, business plan, service agreements
Quarterly (etc) performance reporting to Ministers
Financial and operational performance monitoring to Ministers
Dividend policy
Board appointments (including advising on board skill mix, candidate selection, administration of the process, post-appointment activities {remuneration, training, performance assessment etc} and terminations)
Primary relationship with the Board
CAPEX on housing and non-housing assets (given impact on Crown balance sheet)
Advice on framework for valuation of major assets
Asset management strategy and associated risk assessment
Advice on Crown balance sheet issues
Operating efficiency monitoring
OIA/Ministerials on ownership issues
Tamaki Redevelopment Company monitoring and appointments
Institutional changes and transfers (eg separate companies, subsidiaries)
Hobsonville performance as subsidiary of HNZC
WCC Grant
Supporting advice on budget matters
Advice to the Minister of Finance on housing issues, including matters relevant to the Budget and funding
Alternative or supporting advice on housing policy (including TRC)

MBIE lead
MBIE - Policy Advice
Advice on housing policy (including Tamaki Redevelopment and Hobsonville)
Advice on legislation and regulatory settings affecting HNZC and TRC and their operations
Advice on policy directions to be reflected in Ministerial Letter of Expectations to HNZC and TRC
Assessment and advice on HNZC and TRC achievement of policy outcomes and objectives
Advice on social housing system issues and system performance, including housing needs, funding and housing stock matters.
OIAs, PQs and Ministerials on policy settings and their implementation/application
Housing 4 Year Plan
Preparation of bids/initiatives for the annual Budget round
Disbursement of appropriations

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