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Ministerial portfolio

Finance

View the Directory of Ministerial Portfolios or view the Ministerial List

Minister:
Minister of Finance
Current Minister:
Hon Grant Robertson
Associate Minister:
Associate Minister of Finance
Current Associate Minister:
Hon Dr Megan Woods
Associate Minister:
Associate Minister of Finance
Current Associate Minister:
Hon Michael Wood
Associate Minister:
Associate Minister of Finance
Current Associate Minister:
Hon David Parker
Description: 

Responsibilities include managing the government’s balance sheet, its economic and fiscal policy, the Budget process, representing New Zealand’s interests at international financial institutions such as the World Bank and the International Monetary Fund, and oversight of the government's regulatory management system.

Department: 

The Treasury

Crown entities: 

Government Superannuation Fund Authority
Guardians of New Zealand Superannuation
New Zealand Productivity Commission

PFA schedule organisations: 

New Zealand Government Property Corporation (Schedule 4)
Otākaro Limited

Other organisations: 

Government Superannuation Appeals Board
Community Trusts
Reserve Bank of New Zealand1

Vote: 

Vote Finance

Legislation: 

The Treasury
Appropriation Acts
Bank of New Zealand Act 1988
Christchurch Cathedral Reinstatement Act 2017
Crown Entities Act 2004 (Part 4)
Crown Forests Assets Act 1989
Crown Retail Deposit Guarantee Scheme Act 2009
Finance Acts
Government Superannuation Fund Act 1956
Greater Christchurch Regeneration Act 2016
Imprest Supply Acts
International Finance Agreements Act 1961
KiwiSaver Act 20062
National Provident Fund Restructuring Act 1990
New Zealand Government Property Corporation Act 1953
New Zealand Productivity Commission Act 2010
New Zealand Superannuation and Retirement Income Act 2001 (Parts 2 and 3 and Schedule 3)
Overseas Investment Act 2005
Post Office Bank Act 1987
Public Audit Act 2001
Public Finance Act 1989
Rural Banking and Finance Corporation of New Zealand Act 1989
Utilities Access Act 2010
Venture Capital Fund Act 2019

Reserve Bank of New Zealand
Decimal Currency Act 1964
Insurance (Prudential Supervision) Act 2010
Non-bank Deposit Takers Act 2013
Reserve Bank of New Zealand Act 1989

Department of Internal Affairs
Community Trusts Act 1999
Trustee Banks Restructuring Act Repeal Act 1999

1 The Reserve Bank is a category of State Sector agency in its own right.
2 Overall responsibility for the administration of the KiwiSaver Act 2006 lies with the Revenue portfolio. The Minister of Finance and the Minister of Commerce and Consumer Affairs are jointly responsible for the appointment of default KiwiSaver providers under section 177 of the Act.

 

Last updated: 
Tuesday, 27 October 2020

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