Statement of Intent

System Lead: The Treasury

The Statement of Intent (SOI) sets out how a Crown entity intends to create increasing value for its customers and New Zealanders over the medium to long term. It provides the Crown entity’s board with a mechanism for publicly setting out the entity’s strategic objectives and how it will achieve these

Published Guidance: Crown Entities Act: Statement of Intent Guidance

Contact for further advice: performance.info@treasury.govt.nz

Requirements and expectations

Crown Agents

Autonomous Crown Entities

Independent Crown Entities

Legal requirements

: Under S.139 of the Crown Entities Act 2004, must prepare an SOI at least once in every 3-year period. Content must follow S.141 of the Crown Entities Act

 Note: specific entities may have further reporting requirements set in other legislation

Legal requirements

: Under S.139 of the Crown Entities Act 2004, must prepare an SOI at least once in every 3-year period. Content must follow S.141 of the Crown Entities Act

 Note: specific entities may have further reporting requirements set in other legislation

Legal requirements

: Under S.139 of the Crown Entities Act 2004, must prepare an SOI at least once in every 3-year period. Content must follow S.141 of the Crown Entities Act

 Note: specific entities may have further reporting requirements set in other legislation

Statement of Performance Expectations

System Lead: The Treasury

The purpose of a Statement of Performance Expectations (SPE) is to:

  • enable the responsible Minister to participate in setting the annual performance expectations of the Crown entity
  • enable Parliament to be informed of those expectations, and
  • provide a base against which actual performance can be assessed

Published Guidance: Guidance for Creating a Statement of Performance Expectations (SPE) under the Crown Entities Act (CEA)

Contact for further advice: performance.info@treasury.govt.nz

Requirements and expectations

Crown Agents

Autonomous Crown Entities

Independent Crown Entities

Legal requirements:

Under S.149C of the Crown Entities Act 2004, must prepare a SPE annually. Content must follow S.149E of the Crown Entities Act

Note: specific entities may have further reporting requirements set in other legislation

Legal requirements:

Under S.149C of the Crown Entities Act 2004, must prepare a SPE annually. Content must follow S.149E of the Crown Entities Act

Note: specific entities may have further reporting requirements set in other legislation

Legal requirements:

Under S.149C of the Crown Entities Act 2004, must prepare a SPE annually. Content must follow S.149E of the Crown Entities Act

Note: specific entities may have further reporting requirements set in other legislation

Annual reporting on diversity and inclusion

System lead: The Treasury

The government expects Crown entities to ensure their workplaces are diverse and inclusive, and to make progress to close gender, Māori, Pacific and ethnic pay gaps

Published guidance: Annual Reporting on diversity and inclusion

Contact for further advice: performance.info@treasury.govt.nz

Crown Agents

Autonomous Crown Entities

Independent Crown Entities

Ministerial expectations:

Set out in Enduring Letter of Expectations

Crown entities are encouraged to report their progress and achievements in these areas, including reference to their actions under Kia Toipoto

Ministerial expectations:

Set out in Enduring Letter of Expectations

Crown entities are encouraged to report their progress and achievements in these areas, including reference to their actions under Kia Toipoto

Ministerial expectations:

Set out in Enduring Letter of Expectations

Crown entities are encouraged to report their progress and achievements in these areas, including reference to their actions under Kia Toipoto

Investment Management and Asset Performance in Departments and Other Entities

System Lead: The Treasury

The investment management system encompasses a set of processes, rules, capabilities, information and behaviours that work together to manage investments through their life cycles. The system is complex, with inter-related cycles spanning months or years. The system has to effectively convert business unit, agency, sector and all-of-government needs into outcomes in a way that gets the best value for New Zealand

Published Guidance: CO (23)9: Investment Management and Asset Performance in Departments and Other Entities

Contact for further advice: InvestmentManagement@treasury.govt.nz

Crown Agents

Autonomous Crown Entities

Independent Crown Entities

Legal requirements:

Note specific entities have different approval thresholds set out by Cabinet, as in Annex 1 of the Circular

Legal requirements:

Note specific entities have different approval thresholds set out by Cabinet, as in Annex 1 of the Circular

Legal requirements:

Note specific entities have different approval thresholds set out by Cabinet, as in Annex 1 of the Circular