Acronyms and glossary
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Acronyms
ACC: Accident Compensation Corporation
BERL: Business and Economic Research Limited
CERT: Computer Emergency Response Team
CNGP: Carbon Neutral Government Programme
EECA: Energy Efficiency and Conservation Authority
EV: Electric Vehicle
FDI: Foreign Direct Investment
FTE: Full-Time Equivalent
GDP: Gross Domestic Product
GHG: Greenhouse Gases
GST: Goods and Services Tax
ICT: Information and Communications Technology
IMO: International Maritime Organization
ITP: Industry Transformation Plans
MARPOL: International Convention for the Prevention of Pollution from Ships
MBIE: Ministry of Business, Innovation and Employment
MCA: Multi-Category Appropriation
MIQ: Managed Isolation and Quarantine
MYA: Multi-Year Appropriation
NASA: National Aeronautics and Space Administration
NEET: Not in Employment, Education or Training
NSHM: National Seismic Hazard Model
NZBN: New Zealand Business Number
NZCRS: New Zealand Claims Resolution Service
NZ GAAP: New Zealand Generally Accepted Accounting Practice
OECD: Organisation for Economic Co-operation and Development
PBE: Public Benefit Entity
PBE FRS: Public Benefit Entity Financial Reporting Standard
PBE IPSAS: Public Benefit Entity International Public Sector Accounting Standard
PLA: Permanent Legislative Authority
RSI: Research, Science and Innovation
RSE: Recognised Seasonal Employer
SLT: Senior Leadership Team
TAS: Temporary Accommodation Service
Glossary of terms
Outcome
The outcome describes what we are trying to achieve and what this looks like.
Intermediate Outcome
The intermediate outcome describes the outcome in more detail.
Gross Domestic Product (GDP)
The total value of goods produced and services provided in a country during one year.
Departmental Expenses
Expenses incurred by MBIE in delivering services and functions on behalf of the Government.
Non-Departmental Expenses
Expenses incurred by entities other than MBIE in delivering services and functions on behalf of the Government.
Types of Expenses:
- Output
A term for goods, services or functions purchased by the government. Outputs include policy advice, administration of contracts, and the provision of specific services. - Other expense
A term for operating expenses that are not outputs, such as interest expenses and grants.
Appropriation
An appropriation is a sum of money allocated for a particular use and includes a description of what is being purchased, why it is being purchased and how performance will be assessed. It authorises ministers to consume public resources, and ensures that Parliament knows how money will be spent and that government is held accountable for the spending.
Types of Appropriations:
- Annual appropriation
This is the most common type of appropriation and is limited to one financial year, consistent with the annual budget cycle. - MCA: multi-category appropriation
Multi-category appropriations consist of 2 or more categories of spending within a single appropriation that contribute to the same overarching purpose. - MYA: multi-year appropriation
Multi-year appropriations allow expenses or capital expenditure to be incurred during a specified period of no more than 5 financial years. MYAs are generally used where uncertainties or dependencies are likely to affect when costs are incurred (e.g. milestone payments for a multi-year project). - PLA: permanent legislative authority
Permanent appropriations are authorised by legislation other than an Appropriation Act and continue in effect for an indefinite period. Generally, the authorising legislation will impose limits on the scope of the appropriation and not its amount.
Main Estimates
The Main Estimates are the Government’s approved set of appropriations for a year. They are approved and published before the start of the financial year to which they relate.
Supplementary Estimates
The Supplementary Estimates are the Government’s approved changes to appropriations within a financial year and supersede the information in the Main Estimates for that year.