392 results found
  • Applying a wellbeing approach to agency planning and performance reporting

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    What is wellbeing? While there are many possible definitions of wellbeing, a wellbeing approach has been described by the Government as "enabling people to have the capabilities they need to live lives of purpose, balance and meaning for them". The...

  • Project Implementation Business Case (ImBC)

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    When an Implementation Business Case is needed The Implementation Business Case recommends a preferred supplier and seeks approval from decision-makers to enter into commercial contracts for the provision of the selected option.  Depending on the...

  • Project Detailed Business Case (DBC)

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    When a Detailed Business Case is needed For projects that require a two-stage business case process, a Detailed Business Case is developed following approval of the Indicative Business Case.  Detailed Business Cases are also developed for...

  • Strategy and business planning

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    Organisational strategies and policy are delivered through programmes and projects.   Organisational implementation strategies are ideally made up of strategic portfolios that scope, define, and prioritise the programmes and projects needed to...

  • When is a two-stage BBC process required?

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    As set out in Cabinet Office Circular CO (19) 6: Investment management and asset performance in the state service, for Government departments or Crown entities: “for all capital expenditure, lease and asset disposal proposals that require Cabinet...

  • Strategic Assessment

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    When a Strategic Assessment is needed A Strategic Assessment justifies the need to invest in change.  This work provides the basis of the Strategic Case for all later business case stages.  A Strategic Assessment is required for portfolios...

  • Stay up to date with the LSF

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    This page outlines ways to keep up to date with how the Treasury is developing and using the Living Standards Framework. Sign up to receive our newsletter The Treasury publishes a bi-monthly email newsletter that includes news and information related...

  • Tools and resources for using the LSF

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    The Treasury is continually developing tools and guidance to assist staff to incorporate a wellbeing approach into their strategic planning, policy analysis and advice. You are welcome to use them if you find them useful in your own wellbeing planning....

  • New Infrastructure Funding Tool

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    New Zealand is growing fast, but housing and associated infrastructure are not keeping pace. In high growth areas such as Auckland, Hamilton, Tauranga and Queenstown more housing is needed. Councils in these areas face borrowing constraints that can mean...

  • Review Update (Reserve Bank Act Review, Phase 2)

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    On 18 December 2019, the Minister announced decisions made by Cabinet relating to the governance and accountability arrangements for the Reserve Bank, and in-principle decisions on the regulation of deposit takers and the introduction of a deposit...

  • Public Consultation - second round (Reserve Bank Act Review)

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    On 24 June 2019, the Minister announced  the second round of consultation for Phase 2 of the Review of the Reserve Bank Act. Read the related media release Safer banks and strengthened bank accountability The second round of public...

  • Frequently asked questions for the Intern Programme

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    General recruitment Am I eligible to apply for the intern programme? We hope so! If you can answer 'yes' to each of the following statements, we look forward to receiving your application: I am a New Zealand or Australian Citizen, New Zealand...

  • Better Business Cases 2019-2020 refresh

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    September 2020 - Update #5 In September 2018 the Treasury launched a refresh of the Better Business Cases framework. This month we have released three updates: Business Case Scoping document. This update: Renames the document from ‘Point of...

  • Academic linkages: bringing research and evidence into policy

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    The Treasury is the Government’s lead economic advisor, supporting policy and expenditure decisions that have an impact on New Zealand society. We: Provide advice to the Government on its overarching economic framework and on specific proposals. Act...

  • Expediting investment decisions

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    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...

  • Engage with us on social media

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    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...

  • Investment logic mapping

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    Investment Logic Mapping (ILM) is a technique to ensure that robust discussion and thinking is done up-front, resulting in a sound problem definition, before solutions are identified and before any investment decision is made. It is a technique to...

  • The Reserve Bank Act Review

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    Reserve Bank Act Review Third Consultation is now Closed In November 2017 the Government announced it would undertake a review of the Reserve Bank of New Zealand Act 1989 to create a modern monetary and financial policy framework....

  • Closed: Public Consultation - third round (Reserve Bank Act Review)

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    Review update - 3rd consultation extended In light of the extraordinary challenges presented by COVID-19 to New Zealand’s financial system, the Government extended the third round of consultation for Phase 2 of the Review of the Reserve Bank of New...

  • Investment Intensive Agencies

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    This page lists the Government Investment Ministers Group approved list of agencies deemed to be investment-intensive (prior named capital intensive agencies) for the purposes of investment management and asset performance expectations, which are set out...

  • Project Indicative Business Case (IBC)

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    When an Indicative Business Case is needed In contrast to a programme, a project is a set of interrelated tasks to be executed over a fixed period to achieve a set of objectives and deliver specific outputs, eg a new IT system or a building. For...

  • Change Management Guidance

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    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...

  • Regulatory stewardship

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    Regulatory stewardship is a responsibility of government regulatory agencies.  It involves them adopting a whole-of-system, lifecycle view of regulation, and taking a proactive, collaborative approach, to the monitoring and care of the regulatory...

  • Month end financial statements

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    The latest month end financial statements are the Interim Financial Statements of the Government of New Zealand for the four months ended 31 October 2020. Note: Financial Statements of the Government of New Zealand for the Year Ended 30 June 2020 ...

  • Tax Outturn Data

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    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...

  • Year end financial statements

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    The latest year end financial statements are the Financial Statements of the Government of New Zealand for the Year Ended 30 June 2020 published on 24 November 2020. Month end financial statements are available from a separate page. Next...

  • Financial statements of the Government

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    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...

  • Trans-Tasman Banking Council

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    The Trans-Tasman Council on Banking Supervision (TTBC) is a working group that aims to promote the coordination of trans-Tasman bank regulation and supervision. Wider areas of collaboration cover potential issues relating to financial stability,...

  • Weekly economic updates

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    The Weekly Economic Update (the WEU) is published on Fridays and summarises key economic data (eg, share market data, GDP and CPI inflation) for the week from sectors such as retail, manufacturing, housing, and international trade. It also summarises...

  • The Treasury's CBAx Tool

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    The CBAx tool is a spreadsheet model that contains a database of values to help agencies monetise impacts and do cost benefit analysis The Treasury first released CBAx, a cost benefit analysis tool, in October 2015. The CBAx version for Budget 2021...

  • Our Ministers

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    The Treasury reports to several Ministers in the Government. The Responsible Minister for the Treasury is Hon Grant Robertson, Minister of Finance. Ministers and relevant portfolios Hon Grant Robertson - Deputy Prime Minister, Minister of...

  • Revenue and expenditure

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    This is an overview of information about government's revenue and expenditure (spending) on the Treasury website. Revenue The following is an overview of information about government revenue on the Treasury website, including tax outturn data....

  • What We Earn

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    Overview of information about government revenue on the Treasury website, including tax outturn data. What are the Government's main sources of revenue? The Government's main sources of revenue come from tax, levies, fees, investment income and from...

  • Business Finance Guarantee scheme

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    Business Finance Guarantee 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. You can apply for Business Finance Guarantee loans...

  • Financial management and advice

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    Overview of the government's finances including financial reporting for the government as a whole, the government's revenue and expenditure, its assets and liabilities and its fiscal strategy. Advice to Government Advising the government on its...

  • Forecasts

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    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...