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Ministerial portfolio

State Owned Enterprises

Minister for State Owned Enterprises
Current Minister:
Hon Dr Duncan Webb

Responsibilities include setting expectations and priorities for SOEs.


The Treasury, through the Commercial Operations Group, provides the administrative support for this portfolio.

State Owned Enterprises: 

The shareholding Ministers for each State-Owned Enterprise and Crown Company are the responsible Minister and the Minister of Finance.

Airways Corporation of New Zealand Limited
Animal Control Products Limited
AsureQuality Limited
Electricity Corporation of New Zealand Limited (Residual)
KiwiRail Holdings Limited
Kordia Group Limited
Landcorp Farming Limited
Meteorological Service of New Zealand Limited
New Zealand Post Limited
New Zealand Railways Corporation
Quotable Value Limited
Transpower New Zealand Limited

PFA schedule organisations: 

Crown Asset Management Limited (Schedule 4A)1
Crown Infrastructure Partners Limited (Schedule 4A)
Genesis Energy Limited (Schedule 5)
Mercury New Zealand Limited (Schedule 5)
Meridian Energy Limited (Schedule 5)

Other organisations: 

Christchurch International Airport Limited
Dunedin International Airport Limited
Hawke's Bay Airport Limited


Vote Finance


New Zealand Railways Corporation Act 19812
New Zealand Railways Corporation Restructuring Act 1990
State-Owned Enterprises Act 1986
State-Owned Enterprises (AgriQuality Limited and Asure New Zealand Limited) Act 2007

1 The shareholding Ministers are the Minister of Finance and the Minister for State Owned Enterprises.
2 The Ministry of Transport is the lead agency for rail policy advice.

Last updated: 
Thursday, 22 October 2020

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