Australian and New Zealand Standard Classification of Occupations
Association of Southeast Asian Nations
Better for Business
Building Advisory Panel
Budget Economic and Fiscal Update
building warrant of fitness
Credit Contracts and Consumer Finance Act 2003
Computer Emergency Response Team
Common Measurements Tool
Community Organisation Refugee Sponsorship
Customer Experience Index
Cabinet Economic Development Committee
Department of the Prime Minister and Cabinet
Edmund Hillary Fellowship
Employment Relations Authority
English for speakers of other languages
Financial Assistance Package
foreign direct investment
Financial Markets Authority
Greater Christchurch Claims Resolution Service
Government Centre for Dispute Resolution
gross domestic product
World Trade Organization Agreement on Government Procurement
Government Property Group
Government Regulatory Practice Initiative
goods and services tax
Housing New Zealand Corporation
Health and Safety at Work
Ministry of Housing and Urban Development
information and communications technology
Integrated Data Infrastructure
International Energy Agency
Intellectual Property Office of New Zealand
Inland Revenue Department
Monthly Regional Tourism Estimates
motor vehicle trader
New Building Standard
National Driver Training Centre
not in employment, education or training
New Zealand generally accepted accounting practice
New Zealand Business Number
New Zealand Government Procurement
New Zealand Government Procurement and Property
New Zealand Qualifications Framework
Organisation for Economic Co-operation and Development
public benefit entity
Public Benefit Entities Financial Reporting Standard
Public Benefit Entities International Financial Reporting Standard
Public Benefit Entities International Public Sector Accounting Standard
potential direct economic impact
Provincial Development Unit
Provincial Growth Fund
permanent legislative authority
research and development
Reserve Bank of New Zealand
Recognised Seasonal Employer
Residential Tenancies Trust Account
Science for Technological Innovation
Senior Leadership Team
total primary energy supply
telecommunications service obligations
United Nations High Commissioner for Refugees
work in progress
World Trade Organization
Glossary of terms
The outcome describes what we are trying to achieve and what this looks like.
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.
Expenses incurred by MBIE in delivering services and functions on behalf of the government. Expenses incurred by entities other than MBIE in delivering services and functions on behalf of the government.
Types of expenses:
A term for goods, services or functions purchased by the government. Outputs include policy advice, administration of contracts, and the provision of specific services.
A term for operating expenses that are not outputs, such as interest expenses and grants.
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
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 two 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 five financial years. MYAs are generally used where uncertainties or dependencies are likely to affect when costs are incurred (eg, 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.
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.
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.