Overview of information about government assets on the Treasury website.
What assets does the Government own?
The Government's assets range from commercial forests, property, plant and equipment to intangible assets. Some of the Government's largest assets are financial assets like the New Zealand Superannuation Fund (NZS Fund).
State-owned Enterprises and Crown Entities Assets
The total assets of State-owned Enterprises (SOEs) (including Air New Zealand and the mixed ownership model companies), and Crown Entities (including Crown Research Institutes and Schedule 4A companies) are reported in the Information on SOEs and Crown Entities tables in the Financial Statements of the Government of New Zealand.
How much are the Government's assets worth?
The Statement of Financial Position in the Financial Statements of the Government of New Zealand shows the current value of broad types of assets. Note 17: Property, Plant and Equipment, includes a breakdown of the value of those types of assets - for example, rail network, electricity generation assets, land and buildings.
The Treasury's role
The Treasury's responsibilities in relation to assets held by the Government include:
- Monitoring the performance of the Crown's commercial portfolio
- Reporting on the net worth and performance of SOEs in Financial Statements
- Implementing Government policy on the management of assets
Key publications
- Latest Financial Statements of the Government of New Zealand: Year end financial statements
- Economic and Fiscal Updates (EFUs)