The Treasury's Governance and Appointments team provides advice to Shareholding Ministers and Responsible Ministers on candidates suitable for appointment to the boards of entities such as State-owned enterprises, the Crown financial institutions, other Crown entity companies and statutory entities.
Altogether, this covers around 240 board positions. Other government departments and agencies provide the same service to Ministers for appointments to the several hundred other non-commercial government-appointed boards and commissions.
Every year, the tenure of approximately one third of all board members end and are considered by Ministers, assisted by advice provided by the Treasury. In many cases incumbent directors will be reappointed. However, Ministers will generally make between 40 - 50 new appointments each year.