403 results found
  • COVID-19 economic response measures

    Page

    The information below outlines government measures introduced to cushion New Zealanders against the impacts of COVID-19 and help reset and rebuild our economy. Support for businesses The Treasury has compiled a resource for business, which...

  • Expediting investment decisions

    Page

    Are you facing time pressure to submit an investment proposal? The point of the business case process is to help ministers make good decisions. On those (rare!) occasions when decisions need to be made rapidly for reasons outside agency control – for...

  • Change Management Guidance

    Page

    The Treasury leads the government’s investment management system, and in this role supports some key capabilities such as Change Management, due to the important part this plays in the successful realisation of investment benefits. Effective change...

  • Engage with us on social media

    Page

    We welcome interaction with you on our social media accounts. The information below sets out how we use social media and the terms under which we invite you to engage with us.  Join one of our social media channels and take part in the conversation...

  • Reporting: Performance

    Page

    This page contains information and guidance from the Treasury to support agencies develop their strategic intentions and produce meaningful performance reporting. This will help agencies meet their reporting requirements under the Public Finance Act and...

  • Better Business Cases™: Programme or Project?

    Page

    What is a programme? (Programmes are not projects on steroids) A programme is a time-bound, flexible arrangement established to coordinate, direct and oversee the implementation of a set of related projects and activities to deliver integrated outcomes...

  • Investment management system – context and rules

    Page

    The 'Investment Management System' means the processes, rules, capabilities, information and behaviours that work together to shape the way investments are managed throughout their life cycles. The Investment Mangement System is complex, with...

  • Trust money transferred to the Crown

    Page

    This section features notices published under section 152 of the Trusts Act 2019. The Secretary to the Treasury is required to arrange for a notice of property (money) transferred to the Crown under the Trusts Act 2019 before 31 March each year. Each...

  • Better Business Cases™ for large-scale non-high-risk projects

    Page

    For all capital expenditure, lease and asset disposal proposals that require Cabinet approval, the Better Business Cases two-stage approval process must be followed unless otherwise agreed with Cabinet or the Treasury. Supporting ministerial decision-...

  • Better Business Cases™ for high risk projects

    Page

    For all capital expenditure, lease and asset disposal proposals that require Cabinet approval, the Better Business Cases two-stage approval process must be followed unless otherwise agreed with Cabinet or the Treasury. Supporting ministerial decision-...

  • Overseas Investment Act 2005: Forestry Review

    Page

    Release of Terms of Reference The Treasury has released the Terms of Reference, as agreed by Cabinet on 29 March 2021, for the Overseas Investment Act 2005: Forestry Review. The Review will be led by the Treasury, with input and support from Land...

  • Privacy

    Page

    Based on the Web Usability Standard 1.2 a Privacy page is required. In May 2016 the standard stated... The Website must link to a privacy statement (“Privacy Statement”). The Privacy Statement must clearly indicate: the scope of the statement and...

  • Better Business Cases™: Overview of the five-case model

    Page

    At its core, the Treasury’s Better Business Cases™ framework answers five key questions: this is the Five Case Model. The five cases are the organising framework for a Better Business Case: Strategic Case – what is the compelling case for change?...

  • Fiscal strategy

    Page

    Fiscal policy is one tool a government has to achieve its economic and social objectives. The operation of fiscal policy is governed by the Public Finance Act 1989 (PFA). Fiscal Strategy of the Government The Government's fiscal priorities are set out...

  • Measuring wellbeing: the LSF Dashboard

    Page

    The LSF Dashboard is a measurement tool which informs the Treasury’s advice to Ministers on priorities for improving wellbeing. We’ve published it on our website for public transparency and interest. ENTER THE DASHBOARD HERE What's the purpose of the...

  • Notices of vesting

    Page

    This section features all current public notices of vesting. When property vests in the Crown under the Companies Act 1993, the Treasury is required to give public notice of the vesting in at least one issue of the Gazette and on its website at all...

  • Budgets and forecasts

    Page

    As New Zealand's lead advisor to the Government on economic and financial policy, the Treasury plays a critical role in helping the Government set budgets and in preparing forecasts. Budgets The Treasury helps in the preparation of the government's...

  • Budgets

    Page

    An overview of the New Zealand Government's Budget process and links to the most recent Budget documents as well as links to past Budgets. The Treasury's Role The Treasury helps in the preparation of the government's annual Budget by:...

  • Forecasts

    Page

    The Treasury's forecasts for Government finances and the economy are published in Budget documents titled Economic and Fiscal Updates (EFUs). The Economic and Fiscal Updates provide a detailed statement of the Government's financial position including...

  • Accounting Policies

    Page

    Financial Forecasting and Reporting by the New Zealand Government complies with Public Sector PBE Accounting Standards (PBE Standards). These standards are based largely on International Public Sector Accounting Standards (IPSAS). Because PBE Standards...

  • Fiscal strategy model

    Page

    The Fiscal Strategy Model (FSM) projects the financial performance and the financial position of the government over a medium-term horizon and is published with the latest Economic and Fiscal Update. Fiscal Strategy Model Projections The principal...

  • Investor Confidence Rating - Information

    Page

    Purpose The Investor Confidence Rating (ICR) is a rating of an agency’s investment management environment. It is an indicator of the confidence that investors (eg, Cabinet, relevant portfolio Ministers, or Government Investment Ministers) have in an...

  • He Ara Waiora

    Page

    He Ara Waiora is a framework that helps the Treasury to understand waiora, often translated as a Māori perspective on wellbeing. The Treasury’s vision is ‘lifting living standards for all New Zealanders’. Advising on lifting living standards for all New...

  • New Zealand Activity Index

    Page

    The NZAC summarises several monthly indicators of economic activity. This currently (as of June 2020) includes consumer spending, unemployment, job vacancies, traffic volumes, electricity grid demand, business outlook, and manufacturing activity. It is...

  • Business Finance Guarantee Scheme

    Page

    Business Finance Guarantee Scheme (BFGS) loans can help small and medium businesses access credit for cashflow, capital assets and projects related to, responding to or recovering from the impacts of COVID-19.  A BFGS loan must be approved, signed...

  • Better Business Cases™ (BBC)

    Page

    The purpose of Better Business Cases is to provide objective analysis in a consistent format to decision-makers. This allows for better comparability and transparency, and enables government to make smart investment decisions that maximise public value...

  • Regional Activity Indices

    Page

    The Regional Activity Indices (RAIs) are a set of experimental indicators that seek to track how regional economies are performing in near real-time. Each regional index summarises the co-movements of several high-frequency indicators of activity –...

  • Treasury circulars

    Page

    Treasury Circulars provide guidance and instructional information to departments, Crown entities and State-owned enterprises (SOEs) and request financial information from those agencies. Treasury Circulars are usually addressed to Chief Executives/...

  • Tax Outturn Data

    Page

    Tax outturn data is the monthly tax revenue and receipts from collecting departments. Tax data are sometimes difficult to interpret as economic indicators, but tax outturns are among the earliest data available about the state of the economy. The...

  • Calendar of upcoming releases

    Page

    List of upcoming release dates and times for publications and data to be published on the Treasury website where these have been announced by the Treasury or the Minister of Finance. Date Time Title Location on the...

  • Financial statements of the Government

    Page

    The Treasury publishes monthly and annual (year end) financial statements for the government reporting entity. These provide information on the government's assets and liabilities, revenue and expenses and cash flows. Latest Financial Statements The...

  • Month end financial statements

    Page

    The latest month end financial statements are the Interim Financial Statements of the Government of New Zealand for the ten months ended 30 April 2021. Note: Financial Statements of the Government of New Zealand for the Year Ended 30 June 2020...

  • Gateway reviews

    Page

    What is Gateway? Gateway is an assurance methodology for major investments which was developed by the United Kingdom's Office of Government Commerce (OGC) in 2001. It is an independent and confidential peer review process that examines projects and...

  • Discount Rates and CPI Assumptions for Accounting Valuation Purposes

    Page

    The Treasury publishes here a table of risk-free discount rates and consumer price index (CPI) assumptions that must be used in certain accounting valuations for the purpose of preparing the Financial Statements of the Government of New Zealand. This...

  • Consulting on New Zealand’s long-term fiscal challenges

    Page

    The Treasury will report later this year on its view of the country’s long-term fiscal position. The second phase of consultation on this report will take place in mid-2021. COVID-19 has had an unprecedented impact on the economy, and there is still...

  • Reform of the Overseas Investment Act

    Page

    Following public consultation earlier this year, and in response to the COVID-19 pandemic and associated economic downturn, the Government has agreed to changes to the Overseas Investment Act. Associate Finance Minister David Parker announced the...