The Treasury - New Zealand

You love your backyard, and you should! You’ve poured love, sweat and tears into creating a slice of the Kiwi dream. You’ve made the most of your space, and the lawn looks great (despite Scruffy and his digging habit). Unfortunately, floods can happen. https://lnkd.in/gYZZ4879

Is competition policy back in fashion? In our next guest lecture on Monday, 19 August, Danielle Wood, Chair of Australia’s Productivity Commission, will explore why competition policy is back in fashion in advanced economies. She will examine the ongoing debate in Australia – and elsewhere – about economic dynamism and how competition policy might be used as a level to revitalise productivity and economic growth. When: Monday, 19 August 2024 11:00am - 12:00pm NZDT Where: The Treasury - Level 3, 1 The Terrace, Wellington, or online For virtual attendance, please register via the following link: https://lnkd.in/gitHEyA9 To attend in person, please register via the following link: https://lnkd.in/gAdVqQ7M

Financial regulators and industry representatives have come together to set a vision for New Zealand’s insurance sector. Our joint vision is for an insurance sector that is forward-looking, fair, stable, competitive and efficient, promoting informed and confident participation by consumers and business. The vision will provide a common reference point when discussing and prioritising issues, including insurance accessibility and affordability, insurance literacy, and building greater resilience. You can read the full statement from the Council of Financial Regulators (CoFR) Insurance Forum here: https://lnkd.in/gTd6CxyU

Calling for experienced Directors in the electricity sector! We are seeking to build a talent pool of skilled directors with a seasoned background in the electricity sector and proficient understanding of system operations, market dynamics, and regulation. Candidates should be adept at navigating government processes and Wellington’s political landscape. Significant experience in Crown governance and chairing boards or committees is essential, along with a record of driving industry progression. Candidates should bring skills in strategic oversight of energy infrastructure investments, strategic planning, and coordination, as well as a history of enhancing organisational culture and a desire to lead and safeguard New Zealand’s energy resources. Register your interest at appointments@treasury.govt.nz by Monday 19th August 2024. #governance #directors #Crown #energy

JOIN THE AIRWAYS BOARD - CREATE THE AVIATION ENVIRONMENT OF THE FUTURE Join Airways Corporation, NZ's leader in air navigation & traffic management. Help shape our skies with your governance skills & innovative leadership. Seeking a director with strong stakeholder management, financial and commercial acumen, risk management, capital investment and aviation expertise for 2024. Be part of our strategic journey. Apply by 5pm, 9th August at https://lnkd.in/gp5tST-U with your CV and cover letter. Seize the opportunity to shape NZ's aviation sector's future. #governance #directors #board #Crown

We are looking forward to our upcoming guest lecture on 26 July with Professor Ngaire Woods from Oxford University. Join us in person or online to hear Professor Woods present on 'Government strategy in a world of economic nationalists'. New Zealanders are highly dependent on flourishing trade relations with other countries, including the US and China. But in both these large markets, and in the EU, the rules of engagement and trade with other countries are being upturned. No country will be left unaffected. Professor Ngaire Woods will examine the impact of geostrategic rivalry and contemporary economic strains on the rules-based-order as we know it with its open markets, competitive supply chains, and foreign direct investment. For smaller economies the likely losers will be governments who have lost the capacity to consider industrial policy and whose economic policy decisions are made entirely independently of their foreign and security policies. “Economic security” is now the paradigm in which small countries must operate. They will have to upskill and define what “economic security” means in a world of economic nationalists. When: Friday, 26 July 2024 11:00am - 12:30pm NZDT Where: The Treasury - Level 3, 1 The Terrace, Wellington, or online For virtual attendance, please register via the following link: https://lnkd.in/eKZAxKHV To attend in person, please register via the following link: https://lnkd.in/eRg4QNja

The Treasury's Chief Economic Advisor, Dominick Stephens, will be giving an in-person presentation at the Auckland Business Chamber on 24 July. This seminar is ideal for those wanting to better understand the Treasury economic and fiscal forecasts which underpinned Budget 2024. Please register on the Auckland Business Chamber website here: https://lnkd.in/gfjjtYsJ

A paper published by the Treasury this week provides new economic analysis on the impact of artificial intelligence (AI) in New Zealand: https://lnkd.in/gnphwK8m The paper finds that New Zealand, as a higher-skilled, advanced economy, may be more exposed to the impacts of AI, and our traditionally slow diffusion of new technology and low levels of investment in intangible capital could be a barrier to realising AI’s benefits. The authors suggest a focus on skills and alignment of regulation with other countries will both be important to support AI's diffusion.

Join the KiwiRail Board Be a part of KiwiRail's journey towards a more efficient, sustainable, and commercially robust future   Are you passionate about fostering positive organisational changes and driving commercial success in the freight, transport, or logistics sector? Shareholding Ministers are seeking talented individuals to join KiwiRail's Board of Directors. We encourage applications from those with governance, commercial, and industry-specific expertise who demonstrate strong chairing and leadership abilities, commercial acumen, stakeholder engagement, digital competence, and future-focused governance. Your role will involve pushing the boundaries of service reliability, customer satisfaction, and strategic innovation. For a full position specification and to submit your application go to https://lnkd.in/gp5tST-U before 5pm on Wednesday, 24th of July.

Check out the Treasury's own Peter Rowe from New Zealand Export Credit (NZEC) in this video from ASB Bank, talking about how a partnership between NZEC and ASB has led to Kiwi Crunch, a family-owned orchard in Hawke's Bay, being able to export more apples to more countries. "Partnering with regional businesses like Kiwi Crunch is awesome because we're enabling them to achieve their global aspirations and seeing what that means to the teams, it's just such a great feeling," Peter says. New Zealand Export Credit (NZEC) is a unit within the Treasury who support New Zealand exports and the internationalisation of New Zealand companies by providing trade credit insurance and financial guarantees that cover a range of political and commercial risks associated with doing international business.