Our key business objectives are:
- fiscal, monetary and regulatory frameworks result in a stable and sustainable economic environment
- the Crown’s finances and the financial and non-financial balance sheet are managed efficiently, effectively and sustainably, and
- institutional and regulatory settings support the state sector system to increase equitable, intergenerational wellbeing for New Zealanders.
The Treasury’s core statutory and operational responsibilities include:
- lead economic and financial adviser to the Government and steward of the public sector financial management and regulatory systems
- manage state sector and public finances
- manage the balance sheet
- produce the Government’s monthly and annual financial statements
- produce economic and fiscal forecasts
- produce the Long-term Fiscal Statement
- produce the Investment Statement, and
- tax strategy
- manage investment and asset performance
- provide commercial policy advice and execute commercial transactions
- manage government borrowing requirements and associated financial market activities – cash management, Crown lending, capital markets advice and risk management
- provide financial guarantees and trade credit insurance to promote and support New Zealand exports, and
- central agency role – alongside Department of the Prime Minister and Cabinet (DPMC) and the State Services Commission (SSC) – providing State sector leadership.