Back to top anchor

Our objectives and functions

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.
Last updated: 
Tuesday, 20 March 2018