Introduction

Regulatory stewardship is a priority for MBIE.

Regulatory stewardship is central to MBIE’s role

Regulation, created through legislation, is one of the main ways that governments achieve outcomes for Aotearoa New Zealand and is critical to maintaining a safe, healthy, and vibrant economy and society.

MBIE has a role in many regulatory systems that touch on the daily lives of New Zealanders. As regulators, we engage with diverse communities, people, businesses, and regions. This places a responsibility on us to put people at the heart of our mahi and to look ahead on behalf of future generations.

We invest in regulatory stewardship because high-performing regulatory systems are key to achieving our purpose: Grow Aotearoa New Zealand for All.

Regulatory stewardship is relevant across MBIE

Regulatory stewardship is a core part of our organisational strategy – Te Ara Amiorangi – and doesn’t just apply to those directly involved in regulatory policy and practice. It's fundamental to the way we approach our roles whether delivering services, monitoring finances and performance, designing policy and implementation approaches, managing teams, building people capability, or making better use of data and information.

Collaboration across our teams, across our organisation, and with system partner organisations is essential to enable stewardship.

This strategy sets a path for MBIE to strengthen regulatory stewardship and work with our partner organisations to increase the benefits delivered to New Zealanders through our regulatory systems. In doing so, it looks to leverage the benefits of the scale and scope of MBIE.

Protecting what is precious for future generations is the key part of being a regulatory steward.

Day-to-day this means understanding the trends that are affecting our communities, and responding to changes in New Zealanders’ behaviours, expectations and attitudes. All the time, keeping one eye to the future and what that means for future proofing our regulatory systems.

Melanie Porter
Deputy Secretary Te Waka Pūtahitanga