Annual report 2019/20 – Pūrongo ā-tau 2019/20
The Ministry of Business, Innovation and Employment’s 2019/20 Annual Report is a review of our financial and non-financial performance against our outcomes, priorities and obligations.
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current work
Enabling KiwiSaver investment in private assets - summary of discussion document
The Ministry of Business, Innovation, and Employment is seeking public feedback on possible regulatory changes to enable KiwiSaver providers to increase investment in private assets. We encourage feedback from KiwiSaver providers, the wider financial markets industry, and the public, including KiwiSaver members.
Māori–Crown relations
Effective and enduring relationships between iwi, other Māori groups and the Crown are critical to enable economic and social development, both for Māori and the wider population. Success is built on partnership, and we will continue to partner with Māori to find sustainable solutions to long standing systemic and cross cutting issues facing Aotearoa New Zealand.
Transitioning to a regenerative tourism model
Central to the Government’s vision for tourism, is the goal of transitioning to a regenerative tourism model.
Section 3: The basis for setting fees and levies
Proposed fees and levies are set to recover approximately $42 million annually, considering the proposed increase in budget and any forecast deficit.
New assurance pathways
A consent system that more closely calibrates cost and effort to the level of risk would be more efficient and effective. Assurance roles should be done by those with the requisite specialist expertise and who are best placed to manage risk.