We are the Government’s lead economic and financial advisor.
We provide advice to the Government on their overarching economic framework, their fiscal strategy and on achieving value for money from public spending and investments.
We also have a stewardship role on behalf of New Zealanders, encouraging discussion about our country’s long-term economic challenges and opportunities to lift living standards.
Our vision is lifting living standards for all New Zealanders.
We work to grow the country’s human, social, natural, physical and financial capital. We work with others – across government, across New Zealand as well as overseas – to turn that vision into reality.
We implement government decisions, are responsible for the Financial Statements of the Government, for ensuring effective management of the assets and liabilities on the Crown’s balance sheet, as well as for publishing economic and fiscal forecasts and scenarios.
At the Treasury – Te Tai Ōhanga, we believe in the importance of a trusted, professional, public service, meeting our stewardship responsibilities, supporting the Treaty partnership between the Crown and Māori and we are transparent, objective, impartial and free and frank in our advice.
We apply rigorous analysis to the best available evidence, using long-term broad economic frameworks such as the Living Standards Framework, He Ara Waiora, and the Pacific Operating Model to guide us.
Our values are reflected by three pillars – pou which symbolise the values that inspire us, connect us, and give voice to our vision.
- Making a difference – Kia pono.
Our place at the heart of New Zealand’s economic and financial tides provides a unique perspective and opportunity to influence, lead and serve. We apply our experience, skills and judgement and, with integrity, create high-quality, sustainable solutions on the big issues for New Zealand.
- Enhancing mana – Kia whakamana.
He tangata, he tangata, he tangata! Our strength lies in the way we respect, empower, and connect with others. We are self-aware, open, and inclusive which ensures everyone can contribute, and succeed. We inspire others with our enthusiasm and aspirations.
- Achieving together – Kia hono.
Our success rests on the way we work and achieve results together, both with those inside and outside Te Tai Ōhanga. Curious, bold and resourceful, we build on the foresight, courage, and commitment of those who served before us.
Together these values embody stewardship – kaitiakitanga and are represented in our wharenui – Ngā Mokopuna a Tāne.
Since 1991 Ngā Mokopuna a Tāne has been at the heart of the Treasury, bringing us together and reminding us of our role at the centre of the economy, leading and serving the people of New Zealand.
