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Vote Business, Science and Innovation - Supplementary Estimates 2015/16

APPROPRIATION MINISTER(S): Minister of Commerce and Consumer Affairs (M13), Minister of Conservation (M16), Minister for Economic Development (M25), Minister of Energy and Resources (M28), Minister for Maori Development (M46), Minister of State Services (M66), Minister of Tourism (M69), Minister of Science and Innovation (M84), Minister for Communications (M88)

APPROPRIATION ADMINISTRATOR: Ministry of Business, Innovation and Employment

RESPONSIBLE MINISTER FOR MINISTRY OF BUSINESS, INNOVATION AND EMPLOYMENT: Minister for Economic Development

Details of Appropriations and Capital Injections

Annual and Permanent Appropriations

  2015/16
Titles and Scopes of Appropriations by Appropriation Type Estimates
Budget
$000
Supplementary
Estimates
Budget
$000
Total
Budget
$000

Departmental Output Expenses

     

Commerce and Consumer Affairs: Consumer Information (M13)

This appropriation is limited to the development and delivery of information and programmes that increase the ability of consumers to transact with confidence.
2,427 - 2,427

Commerce and Consumer Affairs: Official Assignee Functions (M13)

This appropriation is limited to the carrying out of statutory functions of the Official Assignee under the Insolvency Act 2006, the Companies Act 1993, the Proceeds of Crime Act 1991 and the Criminal Proceeds (Recovery) Act 2009.
14,428 1,963 16,391

Commerce and Consumer Affairs: Registration and Granting of Intellectual Property Rights (M13)

This appropriation is limited to the granting, administration and enforcement of intellectual property rights, including patents, trademarks, designs, plant varieties, and geographical indications.
16,912 - 16,912

Commerce and Consumer Affairs: Registration and Provision of Statutory Information (M13)

This appropriation is limited to the administration of legislation providing for the registration and provision of documents and information services for businesses and other registry activities.
29,084 500 29,584

Commerce and Consumer Affairs: Standards Development and Approval (M13)

This appropriation is limited to the development, approval, maintenance and provision of access to standards, and related matters.
- 2,424 2,424

Commerce and Consumer Affairs: Trading Standards (M13)

This appropriation is limited to compliance, enforcement, and monitoring activities associated with measurement, product safety and fuel quality.
4,944 - 4,944

Communications: Management and Enforcement of the Radiocommunications Act 1989 (M88)

This appropriation is limited to the management of the radio spectrum, including technical arrangements for the allocation of spectrum, representation of New Zealand's international radio spectrum interests, and management of spectrum sales.
9,641 - 9,641

Communications: Management of Emergency Telecommunications Services (M88)

This appropriation is limited to the management of upgrades to the telecommunications capabilities of the emergency response services.
2,606 (500) 2,106

Economic Development: Implementation of Improvements in Public Sector Procurement and Services to Business (M25)

This appropriation is limited to improving and leading the public sector procurement reform programme and reducing the costs for and improving the service experience of businesses interacting with government.
17,440 4,539 21,979

Energy and Resources: Information Services (M28)

This appropriation is limited to the provision of modelling and analysis to support energy sector policy advice and associated international commitments.
2,846 (808) 2,038

Energy and Resources: Management of the Crown Mineral Estate (M28)

Allocation and management of Crown-owned petroleum, coal and mineral resources under the Crown Minerals Act 1991 and minerals programmes issued under the Act.
17,458 1,300 18,758

Property Management Centre of Expertise (M66)

This appropriation is limited to the operation of the Property Management Centre of Expertise, to provide leadership, guidance and support, monitoring and brokerage in respect of property management within the State Sector.
- 3,496 3,496

Science and Innovation: Science and Innovation Contract Management (M84)

This appropriation is limited to contract management, planning, monitoring and evaluating science and innovation outputs and impacts.
20,205 (767) 19,438

Total Departmental Output Expenses

137,991 12,147 150,138

Departmental Capital Expenditure

     

Ministry of Business, Innovation and Employment - Capital Expenditure PLA (M25)

This appropriation is limited to the purchase or development of assets by and for the use of the Ministry of Business, Innovation and Employment, as authorised by section 24(1) of the Public Finance Act 1989.
113,063 - 113,063

Total Departmental Capital Expenditure

113,063 - 113,063

Non-Departmental Output Expenses

     

Commerce and Consumer Affairs: Accounting and Assurance Standards Setting (M13)

This appropriation is limited to the funding of financial reporting and auditing and assurance standards setting for the purposes of promoting the quality of financial reporting.
4,410 - 4,410

Commerce and Consumer Affairs: Administration of the Takeovers Code (M13)

The performance of statutory functions by the Takeovers Panel as specified in the Takeovers Act 1993.
1,494 - 1,494

Commerce and Consumer Affairs: Enforcement of Dairy Sector Regulation and Auditing of Milk Price Setting (M13)

This appropriation is limited to funding for reviewing Fonterra's milk price setting arrangements, dispute resolution, enforcement and reports under the Dairy Industry Restructuring Act 2001 and related regulations.
1,772 - 1,772

Commerce and Consumer Affairs: Enforcement of General Market Regulation (M13)

This appropriation is limited to the administration, education, enforcement, and adjudication activities of the Commerce Commission in relation to the Commerce Act 1986, the Fair Trading Act 1986, and the Credit Contracts and Consumer Finance Act 2003.
13,935 - 13,935

Commerce and Consumer Affairs: Retirement Commissioner (M13)

This appropriation is limited to services from the Retirement Commissioner to raise the level of financial capability, improve the effectiveness of retirement income policies and monitor the provisions of the Retirement Villages Act 2003.
5,782 - 5,782

Commerce and Consumer Affairs: Review of Input Methodologies for Economic Regulation (M13)

This appropriation is limited to the review of input methodologies for economic regulation under Part 4 of the Commerce Act.
- 3,170 3,170

Communications: Administrative Support for Telecommunications Relay Equipment and Services (M88)

This appropriation is limited to funding expenditure for administering contracts procuring the supply of telecommunications relay services textphones and other equipment for user access to relay service platforms (including video) and the cost for administering rental of relay user equipment and depreciating this equipment, together with sponsoring New Zealand Sign Language interpreter scholarships and the purchase of ancillary services to support the availability and uptake of relay services.
1,519 (100) 1,419

Communications: Emergency Telecommunications Services (M88)

This appropriation is limited to upgrading telecommunications capabilities for emergencies.
1,204 (1,013) 191

Communications: Enforcement of Telecommunications Sector Regulation (M88)

This appropriation is limited to the regulation and monitoring of telecommunication services in accordance with the Telecommunications Act 2001.
6,000 - 6,000

Communications: Fibre Drop Costs (M88)

This appropriation is limited to the cost of fibre connections to join priority users to Ultra-Fast Broadband and Rural Broadband Initiative providers' cable in the roadway or network operators' digital microwave radio towers.
1,500 831 2,331

Energy and Resources: Electricity Industry Governance and Market Operations (M28)

This appropriation is limited to formulating, monitoring and enforcing compliance with the regulations and rules governing the electricity industry and other outputs in accordance with the statutory functions under the Electricity Industry Act; and delivery of core electricity system and market operation functions, carried out under service provider contracts.
76,974 - 76,974

Energy and Resources: Implementation of the Home Insulation Programme (M28)

This appropriation is limited to the implementation of the Home Insulation programme.
2,500 - 2,500

Energy and Resources: Management of IEA Oil Stocks (M28)

For the cost of managing and funding of oil stocks to meet International Energy Agency obligations.
8,658 - 8,658

Science and Innovation: Biological Industries Research (M84)

This appropriation is limited to research and research applications to support productivity growth and sustainability of New Zealand's primary industries, and the development of premium food and industrial biological products and technologies responsive to global consumer preferences.
92,153 5,844 97,997

Science and Innovation: Building Business Innovation (M84)

This appropriation is limited to activities that raise awareness about and increase business investment in Research and Development.
32,378 (8,283) 24,095

Science and Innovation: Business Research and Development Contract Management (M84)

This appropriation is limited to selection of businesses or individuals for either the provision of Research Science and Technology output, or the award of grants, and to negotiate, manage and monitor appropriate contracts with these businesses or individuals.
7,750 5,113 12,863

Science and Innovation: Crown Research Institute Core Funding (M84)

This appropriation is limited to Crown Research Institutes to create and maintain capability that is required for their core purpose and strategy.
201,622 - 201,622

Science and Innovation: Energy and Minerals Research (M84)

This appropriation is limited to research and research applications to improve mineral extraction, improve energy security and to obtain efficient and affordable energy use.
13,818 (1,691) 12,127

Science and Innovation: Engaging New Zealanders with Science and Technology (M84)

This appropriation is limited to engaging New Zealanders with science and technology through approaches determined by the Minister.
11,169 400 11,569

Science and Innovation: Environmental Research (M84)

This appropriation is limited to research and research applications to underpin the management, protection and enhancement of natural ecosystems, land and freshwater resources, climate and atmosphere within New Zealand, including Antarctica.
31,535 340 31,875

Science and Innovation: Fellowships for Excellence (M84)

This appropriation is limited to encouraging the career development of the country's talented early and mid-career researchers.
11,570 (1,191) 10,379

Science and Innovation: Hazards and Infrastructure Research (M84)

This appropriation is limited to research and research applications to support hazard management and improve the durability of NZ urban and rural settlements.
11,392 453 11,845

Science and Innovation: Health and Society Research (M84)

This appropriation is limited to research and research applications to improve the health and social well-being of New Zealanders.
87,066 (3,120) 83,946

Science and Innovation: High Value Manufacturing and Services Research (M84)

This appropriation is limited to research and research applications to develop new technologies, novel materials, and new products, processes and services for the manufacturing and technology sectors.
64,040 (326) 63,714

Science and Innovation: Marsden Fund (M84)

This appropriation is limited to excellent investigator-initiated research.
53,627 - 53,627

Science and Innovation: National Measurement Standards (M84)

This appropriation is limited to providing specified standards to satisfy the needs for traceable physical measurement in New Zealand.
5,764 (682) 5,082

Science and Innovation: Repayable Grants for Start-Ups (M84)

This appropriation is limited to funding for early stage businesses and development of business incubators and accelerators.
14,996 - 14,996

Science and Innovation: Research and Development Services and Facilities for Business and Industry (M84)

This appropriation is limited to providing research and technical expertise and facilities to business and industry.
19,523 3,852 23,375

Science and Innovation: Research Contract Management (M84)

This appropriation is limited to selection of research, science and technology-related organisations and individuals for either the provision of research, science and technology outputs, or the award of grants; and negotiate, manage and monitor appropriate contracts with those organisations or individuals.
6,227 - 6,227

Science and Innovation: Vision Matauranga Capability Fund (M84)

This appropriation is limited to the development of skilled people and organisations undertaking research that supports the four themes of Vision Matauranga; indigenous innovation, environmental sustainability, health and social well being, and exploring indigenous knowledge.
6,567 - 6,567

Tourism: Marketing of New Zealand as a Visitor Destination (M69)

This appropriation is limited to the promotion of New Zealand as a visitor destination in key overseas markets.
115,850 - 115,850

Tourism: Tourism Growth Partnership (M69)

This appropriation is limited to the support of partnerships with industry that address strategic issues in the tourism sector.
10,403 (2,809) 7,594

Total Non-Departmental Output Expenses

923,198 788 923,986

Non-Departmental Other Expenses

     

Commerce and Consumer Affairs: Contributions to International Organisations (M13)

This appropriation is limited to an annual fee for New Zealand's membership of the World Intellectual Property Organization; International Patent Documentation Centre; International Organization for Standardization; International Electrotechnical Commission; International Union for the Protection of New Plant Varieties.
485 - 485

Commerce and Consumer Affairs: Financial Markets Authority Litigation Fund (M13)

This appropriation is limited to meeting the cost of major litigation activity arising from the enforcement of financial markets and securities markets law.
2,000 - 2,000

Commerce and Consumer Affairs: Takeovers Panel Litigation Fund (M13)

This appropriation is limited to meeting the cost of major litigation activity undertaken by the Takeovers Panel arising from it carrying out functions under the Takeovers Act 1993 and the Takeovers Code.
200 - 200

Communications: Broadband Investment (Rural Supply) (M88)

This appropriation is limited to the provision of funding for grants or consumer subsidies relating to the deployment of broadband infrastructure in rural regions of New Zealand.
533 13,000 13,533

Communications: Contributions to International Telecommunications Organisations (M88)

This appropriation is limited to New Zealand's membership of international telecommunications organisations.
970 - 970

Communications: Telecommunications Development Levy Funded Procurement - Deaf Relay Service TSO (M88)

This appropriation is limited to the purchase of deaf relay services which is offset by the Telecommunications Development Levy.
2,600 100 2,700

Communications: Telecommunications Development Levy Funded Procurement - Non-Urban Infrastructure (M88)

This appropriation is limited to the payment of grants and investment for non-urban infrastructure offset by the Telecommunications Development Levy.
28,000 (676) 27,324

Economic Development: Depreciation on Auckland's Queens Wharf (M25)

This appropriation is limited to depreciation expenses associated with Auckland's Queens Wharf.
2,000 - 2,000

Economic Development: Film New Zealand (M25)

This appropriation is limited to the operation of an independent structure for Film New Zealand, developing a marketing plan for the film sector and coordination of regional film offices.
1,300 - 1,300

Economic Development: Major Events Development Fund (M25)

This appropriation is limited to support for major events that provide economic, social, cultural and international profiling benefits to New Zealand.
14,915 (6,699) 8,216

Economic Development: Management Development Fund (M25)

This appropriation is limited to assistance to address the management capability gap in New Zealand, through the commissioning of research, stimulation of business interest and supply of management development services.
756 - 756

Energy and Resources: Electricity Litigation Fund (M28)

This appropriation is limited to ensuring that the regulatory body for the electricity industry is able to participate in litigation effectively and without delay.
444 - 444

Energy and Resources: International Energy Agency Contribution (M28)

Payment of contributions towards the cost of energy-related research undertaken by the International Energy Agency.
150 - 150

Energy and Resources: International Energy Agency Subscription (M28)

Payment of annual subscription for membership of the International Energy Agency.
170 - 170

Energy and Resources: Ministry of Energy Residual Liabilities (M28)

Payment of residual liabilities of the former Ministry of Energy and to meet urgent mine restoration and rehabilitation relating to the operations of the state coal mines prior to 1987.
199 (199) -

Energy and Resources: The Pike River Mine Site (M16)

This appropriation is limited to expenditure on the management of the Pike River mine site, commemoration of the deceased men, and matters of collective interest to the Pike River families.
- 1,734 1,734

Impairment of Crown Assets (M25)

This appropriation is limited to expenses arising from the recognition of impaired value of Crown assets, including write down and write offs.
- 1,140 1,140

Science and Innovation: Advanced Network Capacity (M84)

This appropriation is limited to a grant to contribute to the operation of the Kiwi Advanced Research and Education Network ensuring advanced network capacity that will underpin New Zealand research.
4,000 - 4,000

Science and Innovation: Australian Synchrotron (M84)

This appropriation is limited to a grant being New Zealand Government's contribution to the operation of a synchrotron located in Victoria, Australia.
7,500 (6,517) 983

Science and Innovation: Convention Du Metre (M84)

This appropriation is limited to the payment of New Zealand's annual subscription to the Convention du Metre.
135 - 135

Science and Innovation: Genomics Research Infrastructure (M84)

This appropriation is limited to a grant to contribute towards the purchase and operation of infrastructure that will support genomics research.
12,725 (641) 12,084

Science and Innovation: International Relationships (M84)

This appropriation is limited to grants for international research relationships.
10,251 1,000 11,251

Science and Innovation: Maori Innovation Fund (M46)

This appropriation is limited to a contestable Fund to invest in initiatives that contribute to the achievement of the economic goals and priorities in He Kai Kei Aku Ringa and the Business Growth Agenda.
3,000 36 3,036

Science and Innovation: National eScience Infrastructure (M84)

This appropriation is limited to a grant to contribute to the operation of the National eScience Infrastructure, including high-performance computational infrastructure and associated eScience services, that will support New Zealand research.
7,182 - 7,182

Science and Innovation: Royal Society of New Zealand (M84)

This appropriation is limited to an annual grant to the Royal Society of New Zealand to contribute towards the Society's aims and functions under the Royal Society of New Zealand Act 1997 to promote and advance science and technology.
500 - 500

Science and Innovation: Science Collections and Infrastructure (M84)

This appropriation is limited to grants to contribute to the maintenance and retention of databases, collections and significant infrastructure dedicated to research purposes.
7,898 641 8,539

Science and Innovation: Square Kilometre Array (M84)

This appropriation is limited to supporting New Zealand's engagement on the Square Kilometre Array project in collaboration with Australia.
778 - 778

Tourism: Maintaining the Quality of the Great Rides (M69)

This appropriation is limited to the provision of financial assistance to maintain the quality of the Great Rides of Nga Haerenga, the New Zealand Cycle Trail.
2,000 257 2,257

Tourism: National Cycleway Fund - Extension (M69)

This appropriation is limited to the provision of financial assistance for the development of a National Cycleway.
3,935 (1,000) 2,935

Tourism: New Zealand Cycle Trail Incorporated Seed Funding (M69)

This appropriation is limited to the provision of operational funding to the New Zealand Cycle Trail Incorporated.
185 - 185

Tourism: Tourism Facilities Development Grants (M69)

This appropriation is limited to the provision of government grants for non-commercial, nationally significant tourism facilities.
82 - 82

Total Non-Departmental Other Expenses

114,893 2,176 117,069

Non-Departmental Capital Expenditure

     

Communications: Acquisition of Textphone Equipment (M88)

This appropriation is limited to purchasing textphones for the pool of textphones for deaf, hearing impaired and speech impaired people.
200 - 200

Energy and Resources: Crown Energy Efficiency (M28)

This capital expenditure appropriation is limited to provision of funding for the Crown loans scheme to assist public sector agencies in implementing energy efficiency projects.
2,000 - 2,000

Energy and Resources: Pike River (M16)

This appropriation is limited to the purchase of assets for retention at the Pike River Mine Site.
- 100 100

Science and Innovation: Callaghan Innovation (M84)

This appropriation is limited to capital expenditure to support the development of Callaghan Innovation's strategic infrastructure.
63,710 (59,410) 4,300

Total Non-Departmental Capital Expenditure

65,910 (59,310) 6,600

Multi-Category Expenses and Capital Expenditure

     

Commerce Commission Litigation Funds MCA (M13)

The single overarching purpose of this appropriation is to meet the costs of litigation activity undertaken by the Commerce Commission arising from its general market or sector specific activities.
10,500 - 10,500
Non-Departmental Other Expenses
     
Commerce Commission Externally-Sourced Litigation
This category is limited to meeting the external direct costs of major litigation activity undertaken by the Commerce Commission arising from its general market or sector specific activities.
7,000 - 7,000
Commerce Commission Internally-Sourced Litigation
This category is limited to meeting the internal costs of major litigation activity undertaken by the Commerce Commission arising from its general market or sector specific activities.
3,500 - 3,500

Energy Efficiency and Conservation MCA (M28)

The single overarching purpose of this appropriation is to encourage, promote and support energy efficiency and conservation and the use of renewable energy.
29,584 - 29,584
Non-Departmental Output Expenses
     
Electricity Efficiency
This category is limited to conducting electricity efficiency research, and development and administration of programmes that provide incentives for cost-effective energy efficiency and conservation, aimed at changing market behaviours.
13,000 - 13,000
Energy Efficiency and Conservation
This category is limited to operational and policy outputs in accordance with statutory functions under the Energy Efficiency and Conservation Act 2000 and the government's energy strategies.
16,584 - 16,584

Policy Advice and Related Outputs MCA (M25)

The single overarching purpose of this appropriation is to provide policy advice and other support services to Ministers in discharging their policy decision-making and other portfolio responsibilities.
55,980 (194) 55,786
Departmental Output Expenses
     
Investigative Services - Trade Remedies
This category is limited to investigative services to support advice to the Minister of Commerce and Consumer Affairs to establish whether New Zealand industries require remedies to prevent injury caused by dumped or subsidised imports or sudden import surges.
562 - 562
Policy Advice - Commerce and Consumer Affairs
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to commerce and consumer affairs.
9,346 (700) 8,646
Policy Advice - Communications
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to Communications.
5,732 250 5,982
Policy Advice - Economic Development
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to economic development.
14,657 773 15,430
Policy Advice - Energy and Resources
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to energy and resources.
5,500 (400) 5,100
Policy Advice - Science and Innovation
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to science and innovation.
4,948 200 5,148
Policy Advice - Small Business
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to small business.
1,234 - 1,234
Policy Advice - Tourism
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to Tourism.
2,542 (244) 2,298
Related Services to Ministers - Commerce and Consumer Affairs
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to Commerce and Consumer Affairs, including monitoring of Crown Entities and Statutory Bodies.
1,271 700 1,971
Related Services to Ministers - Communications
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to Communications, including monitoring of Crown Entities and Statutory Bodies.
312 (250) 62
Related Services to Ministers - Economic Development
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to economic development, including monitoring of Crown entities and statutory bodies.
4,463 1,150 5,613
Related Services to Ministers - Energy and Resources
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to energy and resources, including monitoring of Crown entities and statutory bodies.
787 (150) 637
Related Services to Ministers - Science and Innovation
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to science and innovation, including monitoring of Crown entities and statutory bodies.
2,808 (200) 2,608
Related Services to Ministers - Small Business
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to small business.
217 - 217
Related Services to Ministers - Tourism
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to Tourism, including monitoring of Crown Entities and Statutory Bodies.
1,601 (1,323) 278

Sector Analysis and Facilitation MCA (M25)

The single overarching purpose of this appropriation is to provide services that support the effective functioning of individual economic sectors.
5,133 660 5,793
Departmental Output Expenses
     
Sectoral and regional data and analysis - Economic Development
This category is limited to the research, analysis and dissemination of data on economic performance of sectors and regions.
1,931 (1,040) 891
Tourism Data and Analysis - Tourism
This category is limited to research, analysis and dissemination of data on tourism.
3,202 1,700 4,902

Seed Co-Investment Fund MCA (M25)

The single overarching purpose of this appropriation is to provide capital to support the development of markets for early stage equity finance and venture capital.
8,330 2,879 11,209
Non-Departmental Output Expenses
     
Investment Fund Management
This category is limited to operational Costs of the Venture and Seed Co-Investment Funds.
2,800 - 2,800
Non-Departmental Capital Expenditure
     
Seed Co-Investment Fund
This category is limited to providing capital to support the development of the market for early stage equity finance.
5,530 2,879 8,409

Services and Advice to Support Well-functioning Financial Markets MCA (M13)

The single overarching purpose of this appropriation is to support well-functioning financial markets through the activities of the Financial Markets Authority.
26,184 - 26,184
Non-Departmental Output Expenses
     
Performance of Investigation and Enforcement Functions
This category is limited to the performance of statutory functions relating to the investigation and enforcement of financial markets legislation, including the assessment of complaints, tips, and referrals.
7,973 (1,138) 6,835
Performance of Licensing and Compliance Monitoring Functions
This category is limited to the performance of statutory functions relating to licensing of market participants and risk-based monitoring of compliance, including with disclosure requirements under financial markets legislation.
12,556 (1,359) 11,197
Performance of Market Analysis and Guidance, Investor Awareness, and Regulatory Engagement Functions
This category is limited to the performance of statutory functions relating to market intelligence, guidance, exemptions, investor education, and regulatory and government co-operation and advice.
5,655 2,497 8,152

Support New Market Opportunities to Grow Firms and Sectors for the Benefit of New Zealand MCA (M25)

The single overarching purpose of this appropriation is to promote growth by providing support to firms and sectors in securing new market opportunities.
30,531 - 30,531
Non-Departmental Other Expenses
     
International Growth Fund
This category is limited to helping firms to undertake the market development and business capability development activities required for in international markets, that will deliver benefits for both the firm and the wider New Zealand economy.
29,327 800 30,127
Sector Strategies and Facilitation
This category is limited to assistance with the facilitation of specific sector initiatives, particularly in areas of major events, pre-feasibility and feasibility studies and guarantees for significant projects to access funding through other government programmes and cash grants.
1,204 (800) 404

Support the Growth and Development of New Zealand Firms, Sectors and Regions MCA (M25)

The single overarching purpose of this appropriation is to provide support for the growth and development of New Zealand firms, sectors and regions to maximise international business opportunities.
162,788 5,693 168,481
Non-Departmental Output Expenses
     
Collaborative Activity and Special Events
This category is limited to activities where NZTE collaborates with other New Zealand Agency partners to leverage New Zealand's profile and diaspora in international markets, and secure and capitalise on special events or opportunities that support New Zealand's export growth.
35,376 (29,786) 5,590
International Business Growth Services
This category is limited to helping individual or group of firms internationalise by improving their capability and readiness; identifying and exploiting market opportunities; overcoming internationalisation barriers; providing customised advice and support; enabling access to international business networks; and matching capital with opportunities that support New Zealand's economic growth.
114,231 35,479 149,710
Services to Support the Growth and Development of New Zealand Businesses
This category is limited to building and enhancing business and management capability through providing access to effective assessment, advice, training, mentoring and information.
13,181 - 13,181

Total Multi-Category Expenses and Capital Expenditure

329,030 9,038 338,068

Total Annual and Permanent Appropriations

1,684,085 (35,161) 1,648,924

Multi-Year Appropriations

Type, Title, Scope and Period of Appropriations Appropriations, Adjustments and Use $000

Non-Departmental Output Expenses

   

Economic Regulation of Electricity Line Services 2014-2019 (M13)

This appropriation is limited to the regulation of electricity lines services under Part 4 of the Commerce Act 1986 for the period 2014-2019.

Commences: 01 July 2014

Expires: 30 June 2019
Original Appropriation 28,311
Adjustments to 2014/15 -
Adjustments for 2015/16 782
Adjusted Appropriation 29,093
Actual to 2014/15 Year End 7,244
Estimated Actual for 2015/16 4,530
Estimated Actual for 2016/17 5,161
Estimated Appropriation Remaining 12,158

Economic Regulation of Gas Pipeline Services 2014-2019 (M13)

This appropriation is limited to the regulation of gas pipeline services under Part 4 of the Commerce Act 1986 for the period 2014-2019.

Commences: 01 July 2014

Expires: 30 June 2019
Original Appropriation 9,684
Adjustments to 2014/15 -
Adjustments for 2015/16 182
Adjusted Appropriation 9,866
Actual to 2014/15 Year End 1,580
Estimated Actual for 2015/16 2,044
Estimated Actual for 2016/17 3,484
Estimated Appropriation Remaining 2,758

Economic Regulation of Specified Airport Services 2014-2019 (M13)

This appropriation is limited to the regulation of specified airport services under Part 4 of the Commerce Act 1986 for the period 2014-2019.

Commences: 01 July 2014

Expires: 30 June 2019
Original Appropriation 2,763
Adjustments to 2014/15 -
Adjustments for 2015/16 127
Adjusted Appropriation 2,890
Actual to 2014/15 Year End 597
Estimated Actual for 2015/16 396
Estimated Actual for 2016/17 545
Estimated Appropriation Remaining 1,352

National Science Challenges (M84)

This appropriation is limited to research and research applications to find innovative solutions to fundamental issues New Zealand faces in its future development.

Commences: 01 October 2013

Expires: 30 June 2018
Original Appropriation 252,722
Adjustments to 2014/15 6,520
Adjustments for 2015/16 -
Adjusted Appropriation 259,242
Actual to 2014/15 Year End 5,796
Estimated Actual for 2015/16 48,200
Estimated Actual for 2016/17 102,401
Estimated Appropriation Remaining 102,845

Research and Development Growth Grants (M84)

This appropriation is limited to co-funding for private businesses to invest in a multi-year programme of research and development.

Commences: 01 July 2013

Expires: 30 June 2017
Original Appropriation 393,000
Adjustments to 2014/15 40,000
Adjustments for 2015/16 (31,779)
Adjusted Appropriation 401,221
Actual to 2014/15 Year End 141,221
Estimated Actual for 2015/16 115,800
Estimated Actual for 2016/17 144,200
Estimated Appropriation Remaining -

Resource Data Acquisition and Management (M28)

This appropriation is limited to the acquisition and analysis of seismic information relating to New Zealand's minerals, petroleum and geothermal resources.

Commences: 01 July 2014

Expires: 30 June 2018
Original Appropriation 8,000
Adjustments to 2014/15 -
Adjustments for 2015/16 (7,700)
Adjusted Appropriation 300
Actual to 2014/15 Year End 200
Estimated Actual for 2015/16 100
Estimated Actual for 2016/17 -
Estimated Appropriation Remaining -

Resource Data Acquisition and Management 2015-2018 (M28)

This appropriation is limited to the acquisition, analysis and interpretation of geophysical and geological information relating to New Zealand's minerals, petroleum and geothermal resources.

Commences: 01 October 2015

Expires: 30 June 2018
Original Appropriation 7,700
Adjustments to 2014/15 -
Adjustments for 2015/16 -
Adjusted Appropriation 7,700
Actual to 2014/15 Year End -
Estimated Actual for 2015/16 1,700
Estimated Actual for 2016/17 4,000
Estimated Appropriation Remaining 2,000

Security Management (M28)

This appropriation is limited to the management of emergency events by the System Operator, if required, including increased monitoring and management responsibilities in the event of an emerging security situation, and planning and running an emergency conservation campaign.

Commences: 01 July 2012

Expires: 30 June 2017
Original Appropriation 6,000
Adjustments to 2014/15 -
Adjustments for 2015/16 -
Adjusted Appropriation 6,000
Actual to 2014/15 Year End -
Estimated Actual for 2015/16 -
Estimated Actual for 2016/17 6,000
Estimated Appropriation Remaining -

Targeted Business Research and Development Funding (M84)

This appropriation is limited to co-funding for private businesses to undertake research and development projects and for funding students to work in research and development active businesses.

Commences: 01 July 2013

Expires: 30 June 2017
Original Appropriation 173,000
Adjustments to 2014/15 (2,250)
Adjustments for 2015/16 (33,167)
Adjusted Appropriation 137,583
Actual to 2014/15 Year End 67,583
Estimated Actual for 2015/16 30,000
Estimated Actual for 2016/17 40,000
Estimated Appropriation Remaining -

Non-Departmental Other Expenses

   

Contestable Fund for Deployment of Marine Energy Devices (M28)

This appropriation is limited to a contestable fund for marine energy generation and associated administration.

Commences: 01 July 2011

Expires: 30 June 2016
Original Appropriation 4,949
Adjustments to 2014/15 (4,949)
Adjustments for 2015/16 -
Adjusted Appropriation -
Actual to 2014/15 Year End -
Estimated Actual for 2015/16 -
Estimated Actual for 2016/17 -
Estimated Appropriation Remaining -

Home Insulation (M28)

This appropriation is limited to grants towards insulation targeting low income households.

Commences: 01 July 2013

Expires: 30 June 2016
Original Appropriation 93,000
Adjustments to 2014/15 -
Adjustments for 2015/16 -
Adjusted Appropriation 93,000
Actual to 2014/15 Year End 70,431
Estimated Actual for 2015/16 22,569
Estimated Actual for 2016/17 -
Estimated Appropriation Remaining -

New Zealand Screen Production Grant - International (M25)

This appropriation is limited to providing grant assistance to screen productions that are internationally focused and produced in New Zealand.

Commences: 01 July 2014

Expires: 30 June 2019
Original Appropriation 252,780
Adjustments to 2014/15 517
Adjustments for 2015/16 -
Adjusted Appropriation 253,297
Actual to 2014/15 Year End 109,762
Estimated Actual for 2015/16 112,000
Estimated Actual for 2016/17 31,535
Estimated Appropriation Remaining -

Non-Departmental Capital Expenditure

   

Broadband Investment (Crown Fibre Holdings Capital Costs) (M88)

This appropriation is limited to the provision of ongoing investment funding for Crown Fibre Holdings to implement the Government's broadband investment commitment.

Commences: 22 August 2011

Expires: 30 June 2016
Original Appropriation 408,000
Adjustments to 2014/15 357,000
Adjustments for 2015/16 -
Adjusted Appropriation 765,000
Actual to 2014/15 Year End 575,000
Estimated Actual for 2015/16 190,000
Estimated Actual for 2016/17 -
Estimated Appropriation Remaining -

Venture Investment Fund (M25)

This appropriation is limited to capital Investment to NZVIF to accelerate the development of the New Zealand Venture Capital Market.

Commences: 01 July 2014

Expires: 30 June 2018
Original Appropriation 37,453
Adjustments to 2014/15 (12,000)
Adjustments for 2015/16 -
Adjusted Appropriation 25,453
Actual to 2014/15 Year End 5,000
Estimated Actual for 2015/16 9,896
Estimated Actual for 2016/17 2,278
Estimated Appropriation Remaining 8,279

Total Annual and Permanent Appropriations and Multi-Year Appropriation Forecasts

  2015/16
  Estimates
Budget
$000
Supplementary
Estimates
Budget
$000
Total
Budget
$000
Total Annual and Permanent Appropriations 1,684,085 (35,161) 1,648,924
Total MYA Non-Departmental Output Expenses Forecasts 283,608 (80,838) 202,770
Total MYA Non-Departmental Other Expenses Forecasts 101,928 32,641 134,569
Total MYA Non-Departmental Capital Expenditure Forecasts 194,518 5,378 199,896

Total Annual and Permanent Appropriations and Multi-Year Appropriation Forecasts

2,264,139 (77,980) 2,186,159

Capital Injection Authorisations

  2015/16
  Estimates Budget
$000
Supplementary
Estimates Budget
$000
Total Budget
$000
Ministry of Business, Innovation and Employment - Capital Injection (M25) 48,768 (36,477) 12,291

Supporting Information

Part 1 - Vote as a Whole

1.2 - Trends in the Vote

Summary of Financial Activity

  2015/16
    Supplementary Estimates  
  Estimates
$000
Departmental
Transactions
$000
Non-Departmental
Transactions
$000
Total
Transactions
$000
Total
$000

Appropriations

         
Output Expenses 1,344,797 12,147 (80,050) (67,903) 1,276,894
Benefits or Related Expenses - N/A - - -
Borrowing Expenses - - - - -
Other Expenses 216,821 - 34,817 34,817 251,638
Capital Expenditure 373,491 - (53,932) (53,932) 319,559
Intelligence and Security Department Expenses and Capital Expenditure - - N/A - -
Multi-Category Expenses and Capital Expenditure (MCA)          
Output Expenses 282,469 466 5,693 6,159 288,628
Other Expenses 41,031 - - - 41,031
Capital Expenditure 5,530 N/A 2,879 2,879 8,409

Total Appropriations

2,264,139 12,613 (90,593) (77,980) 2,186,159

Crown Revenue and Capital Receipts

         
Tax Revenue 37,400 N/A (4,700) (4,700) 32,700
Non-Tax Revenue 447,859 N/A (30,778) (30,778) 417,081
Capital Receipts 2,000 N/A - - 2,000

Total Crown Revenue and Capital Receipts

487,259 N/A (35,478) (35,478) 451,781

Part 2 - Details of Departmental Appropriations

2.1 - Departmental Output Expenses

Commerce and Consumer Affairs: Official Assignee Functions (M13)

Scope of Appropriation

This appropriation is limited to the carrying out of statutory functions of the Official Assignee under the Insolvency Act 2006, the Companies Act 1993, the Proceeds of Crime Act 1991 and the Criminal Proceeds (Recovery) Act 2009.

Expenses and Revenue

  2015/16
  Estimates
$000
Supplementary
Estimates
$000
Total
$000
Total Appropriation 14,428 1,963 16,391
Revenue from the Crown 11,703 (37) 11,666
Revenue from Others 3,441 2,000 5,441

Reasons for Change in Appropriation

This appropriation increased by $1.963 million to $16.391 million for 2015/16 due to an increased funding of $2 million required to meet the cost of increases in complex bankruptcies. This increase is partially offset by a $37,000 contribution to the Crown for the Growing Up In New Zealand initiative.

Commerce and Consumer Affairs: Registration and Provision of Statutory Information (M13)

Scope of Appropriation

This appropriation is limited to the administration of legislation providing for the registration and provision of documents and information services for businesses and other registry activities.

Expenses and Revenue

  2015/16
  Estimates
$000
Supplementary
Estimates
$000
Total
$000
Total Appropriation 29,084 500 29,584
Revenue from the Crown 4,192 - 4,192
Revenue from Others 22,700 7,700 30,400

Reasons for Change in Appropriation

This appropriation increased by $500,000 to $29.584 million for 2015/16 due to increased volumes and higher revenue than anticipated for Company Registrations.

Commerce and Consumer Affairs: Standards Development and Approval (M13)

Scope of Appropriation

This appropriation is limited to the development, approval, maintenance and provision of access to standards, and related matters.

Expenses and Revenue

  2015/16
  Estimates
$000
Supplementary
Estimates
$000
Total
$000
Total Appropriation - 2,424 2,424
Revenue from the Crown - - -
Revenue from Others - 2,424 2,424

What is Intended to be Achieved with this Appropriation

This appropriation is intended to achieve the development of, and access to, standards in New Zealand that meet the needs of business, regulators and consumers.

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

Number of standards under development or review (target to be established)

New measure New measure 277

Percentage of draft NZ Standards submitted for approval by the Executive meet the statutory criteria as specified in the Standards and Accreditation Act 2015

New measure New measure 100%

Percentage of NZ Standards developed or updated in the timeframes agreed with contract parties, taking into account formally approved changed controls (as variations to a contract)

New measure New measure 95%

End of Year Performance Reporting

Performance information for this appropriation will be reported by the Ministry of Business, Innovation and Employment in its annual report.

Current and Past Policy Initiatives

Policy Initiative Year of
First
Impact
2015/16
Final Budgeted
$000
2016/17
Budget
$000
2017/18
Estimated
$000
2018/19
Estimated
$000
2019/20
Estimated
$000
Establishment of this appropriation 2015/16 2,424 5,001 5,001 5,001 5,001

Reasons for Change in Appropriation

This is a new appropriation established during the 2015/16 year by Cabinet to enable the transfer of standards development functions from Standards New Zealand to the Ministry of Business, Innovation and Employment.

Communications: Management of Emergency Telecommunications Services (M88)

Scope of Appropriation

This appropriation is limited to the management of upgrades to the telecommunications capabilities of the emergency response services.

Expenses and Revenue

  2015/16
  Estimates
$000
Supplementary
Estimates
$000
Total
$000
Total Appropriation 2,606 (500) 2,106
Revenue from the Crown 2,606 (500) 2,106
Revenue from Others - - -

Reasons for Change in Appropriation

This appropriation decreased by $500,000 to $2.106 million for 2015/16 due to a transfer to 2016/17 to reflect the revised timing of the Emergency Response System Project.

Economic Development: Implementation of Improvements in Public Sector Procurement and Services to Business (M25)

Scope of Appropriation

This appropriation is limited to improving and leading the public sector procurement reform programme and reducing the costs for and improving the service experience of businesses interacting with government.

Expenses and Revenue

  2015/16
  Estimates
$000
Supplementary
Estimates
$000
Total
$000
Total Appropriation 17,440 4,539 21,979
Revenue from the Crown 1,940 4,539 6,479
Revenue from Others 15,500 - 15,500

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

Public service agencies that will have all-of-government contracts

80% Removed Removed

Participation in all-of-government contracts by state sector agencies (excluding Boards of Trustees) to increase year on year

Increase Removed Removed

Year on year improvement in business feedback about the quality of government procurement practice from the annual government procurement business survey

Updated measure Updated measure Achieved

Reaching the savings target across public sector agencies identified through the Government Procurement Reform agenda for the financial year

$82m $88m $88m

Building towards a forecasted saving realised over the life of the initial government contracts

$415.1m $699m $699m

Business costs (effort) from dealing with government will reduce by 25% by 2017, through year-on-year reduction in effort required to work with agencies

Updated measure Updated measure Year on year reduction

Government services to business will have similar key performance ratings as leading private sector firms by July 2017

Updated measure Updated measure Year on year improvement

Reasons for Change in Appropriation

This appropriation increased by $4.539 million to $21.718 million for 2015/16 due to Better Public Services funding that will be used in the following areas:

  • $3.408 million for the Result 9 Accelerator project and Cross-Agency Service Delivery Models
  • $750,000 for the Streamlining Non-Government Organisations (NGO) project
  • $261,000 for the transfer of functions from the Canterbury Earthquake Recovery Authority, and
  • $120,000 for the alternative Dispute Resolution Centre of Excellence project.

Energy and Resources: Information Services (M28)

Scope of Appropriation

This appropriation is limited to the provision of modelling and analysis to support energy sector policy advice and associated international commitments.

Expenses and Revenue

  2015/16
  Estimates
$000
Supplementary
Estimates
$000
Total
$000
Total Appropriation 2,846 (808) 2,038
Revenue from the Crown 1,019 (190) 829
Revenue from Others 1,827 (618) 1,209

Reasons for Change in Appropriation

This appropriation decreased by $808,000 to $2.038 million for 2015/16 due to a transfer of $750,000 to the Energy and Resources: Management of the Crown Minerals Estate appropriation to support cost pressures encountered in that appropriation, and a $58,000 contribution to the Crown to assist with the Growing Up In New Zealand initiative.

Energy and Resources: Management of the Crown Mineral Estate (M28)

Scope of Appropriation

Allocation and management of Crown-owned petroleum, coal and mineral resources under the Crown Minerals Act 1991 and minerals programmes issued under the Act.

Expenses and Revenue

  2015/16
  Estimates
$000
Supplementary
Estimates
$000
Total
$000
Total Appropriation 17,458 1,300 18,758
Revenue from the Crown 11,303 1,300 12,603
Revenue from Others 6,162 - 6,162

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

Survey results show that Iwi have increased capability and confidence to engage with New Zealand Petroleum and Minerals

Increased Iwi confidence and capabilities Removed Removed

New Zealand Petroleum and Minerals statutory consultation requirements are met

New measure New measure Achieved

2015 Petroleum Data Pack is delivered to end-users (refer to note 1)

New measure New measure 100 Data Packs delivered

Percentage of applications received online for new permits and changes to existing permits

New measure New measure 20%

100% of petroleum permit applications are granted or declined within 120 days

Updated measure Updated measure Achieved

80% of mineral permit applications are granted or declined within 6 months

Updated measure Updated measure Achieved

Note 1 - The volume of digital geo-scientific information held by the Ministry of Business, Innovation and Employment grows year on year. Alongside Royalties, taxes and jobs, geo-scientific information is a significant output of mineral and petroleum sector activity. The Ministry of Business, Innovation and Employment are the stewards of this national knowledge asset. Public access to this information is fundamental to the effective and efficient functioning of the resources sector.

Reasons for Change in Appropriation

This appropriation increased by $1.300 million to $18.758 million for 2015/16 due to transfers from within the Energy and Resources portfolio to assist with the cost pressures encountered in this appropriation. These transfers were $750,000 from Energy and Resources: Information Services appropriation, $400,000 from the Policy Advice and Related Outputs MCA - Policy Advice - Energy and Resources category, and $150,000 from the Policy Advice and Related Outputs MCA - Related Services to Ministers - Energy and Resources category.

Property Management Centre of Expertise (M66)

Scope of Appropriation

This appropriation is limited to the operation of the Property Management Centre of Expertise, to provide leadership, guidance and support, monitoring and brokerage in respect of property management within the State Sector.

Expenses and Revenue

  2015/16
  Estimates
$000
Supplementary
Estimates
$000
Total
$000
Total Appropriation - 3,496 3,496
Revenue from the Crown - 544 544
Revenue from Others - 2,952 2,952

What is Intended to be Achieved with this Appropriation

This appropriation is intended to achieve improved property management practices across government and support agencies to manage property in more effective and efficient ways.

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

All agencies within the Property Management Centre of Expertise (PMCoE) mandate will maintain a current agency property plan aligned with the Government National Property Strategy and approved by PMCoE

- Achieved Achieved

End of Year Performance Reporting

Performance information for this appropriation will be reported by the Ministry of Business, Innovation and Employment in its annual report.

Current and Past Policy Initiatives

Policy Initiative Year of
First
Impact
2015/16
Final Budgeted
$000
2016/17
Budget
$000
2017/18
Estimated
$000
2018/19
Estimated
$000
2019/20
Estimated
$000
Establishment of this appropriation 2015/16 3,496 2,755 2,755 2,755 2,755

Reasons for Change in Appropriation

This appropriation was established during 2015/16 due to the transfer of the functions of the Property Management Centre of Expertise (PMCoE) from the Ministry of Social Development to the Ministry of Business, Innovation and Employment.

Science and Innovation: Science and Innovation Contract Management (M84)

Scope of Appropriation

This appropriation is limited to contract management, planning, monitoring and evaluating science and innovation outputs and impacts.

Expenses and Revenue

  2015/16
  Estimates
$000
Supplementary
Estimates
$000
Total
$000
Total Appropriation 20,205 (767) 19,438
Revenue from the Crown 20,205 (767) 19,438
Revenue from Others - - -

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

Percentage of contracts assessed in accordance with the monitoring plan

100% Updated measure 100%

Reasons for Change in Appropriation

This appropriation decreased by $767,000 to $19.438 million for 2015/16 due to:

  • a $1.500 million transfer to 2016/17 to reflect delays in the upgrade of the Investment Management System, a specialised application to manage funds and investments, and
  • an $89,000 contribution to the Crown to assist with the Growing Up in New Zealand Initiative.

These decreases are partially offset by $822,000 transfer from 2014/15 to assist with the National Science Challenges and "A Nation of Curious Minds" projects.

2.3 - Departmental Capital Expenditure and Capital Injections

Ministry of Business, Innovation and Employment - Capital Expenditure PLA (M25)

Scope of Appropriation

This appropriation is limited to the purchase or development of assets by and for the use of the Ministry of Business, Innovation and Employment, as authorised by section 24(1) of the Public Finance Act 1989.

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

Expenditure supports the delivery of the department's output performance measures in accordance with the department's capital asset management priorities for 2015/16

Achieved Removed Removed

Mangere Refugee Centre

New measure Operational in 2016/17 Operational in 2016/17

Christchurch Integrated Government Accommodation

New measure Operational in 2016/17 Operational in 2016/17

Auckland Accommodation Project

New measure On track to be operational in 2019/20 On track to be operational in 2019/20

Vision Visa Processing Operating Model and Immigration Global Management System / Immigration ONLINE

New measure Operational in 2015/16 including targeted benefits Operational in 2015/16 including targeted benefits

Technology Enhancements to Visa Processing Operating Model

New measure Delivering through 2016/17 - 17/18 Delivering through 2016/17 - 17/18

Capital Injections and Movements in Departmental Net Assets

Ministry of Business, Innovation and Employment

Details of Net Asset Schedule 2015/16
Main Estimates Projections
$000
2015/16
Supplementary Estimates Projections
$000
Explanation of Projected Movements in 2015/16
Opening Balance 221,891 240,834 Supplementary Estimates opening balance reflects the audited results as at 30 June 2015.
Capital Injections 48,768 12,291 Capital injections decreased by $38.577 million to $12.291 million as a result of transfers from 2015/16 to 2016/17 for the following initiatives: $28.414 million for Vision 2015 (Immigration portfolio), $17.600 million for the Mangere Refugee Resettlement Centre (Immigration portfolio), and net movement of $216,000 for the Immigration Global Management System (Immigration portfolio). These decreases were partially offset by the following increases: $4.353 million for the establishment of the standards function within the Ministry of Business, Science and Innovation (Commerce and Consumer Affairs portfolio), $2.900 million memorandum account balance for Telecommunications as a Service (TaaS) project (Economic Development portfolio), and $400,000 for the Financial Markets Conduct register (Commerce and Consumer Affairs portfolio).
Capital Withdrawals (3,000) (3,000)  
Surplus to be Retained (Deficit Incurred) - (7,380) Net deficit for 2015/16.
Other Movements - -  

Closing Balance

267,659 242,745  

Part 3 - Details of Non-Departmental Appropriations

3.1 - Non-Departmental Output Expenses

Commerce and Consumer Affairs: Review of Input Methodologies for Economic Regulation (M13)

Scope of Appropriation

This appropriation is limited to the review of input methodologies for economic regulation under Part 4 of the Commerce Act.

Expenses

  2015/16
  Estimates
$000
Supplementary Estimates
$000
Total
$000
Total Appropriation - 3,170 3,170

What is Intended to be Achieved with this Appropriation

This appropriation is intended to achieve better long-term outcomes for consumers by providing for the Commission to review and make improvements to the rules, processes and requirements applying to services regulated under Part 4 of the Commerce Act 1986.

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

All input methodologies (other than the Transpower capital expenditure input methodology) are reviewed by the end of 2016/17

New measure New measure Achieved

End of Year Performance Reporting

Performance information for this appropriation will be reported by the Commerce Commission in its annual report.

Current and Past Policy Initiatives

Policy Initiative Year of
First
Impact
2015/16
Final Budgeted
$000
2016/17
Budget
$000
2017/18
Estimated
$000
2018/19
Estimated
$000
2019/20
Estimated
$000
Establishment of this appropriation 2016/17 3,170 1,758 - - -

Reasons for Change in Appropriation

This appropriation increased by $3.170 million for 2015/16 due to the Commerce Commission having to bring forward its review of Input Methodologies to 2015/16. This appropriation was originally scheduled to start in 2016/17.

Communications: Administrative Support for Telecommunications Relay Equipment and Services (M88)

Scope of Appropriation

This appropriation is limited to funding expenditure for administering contracts procuring the supply of telecommunications relay services textphones and other equipment for user access to relay service platforms (including video) and the cost for administering rental of relay user equipment and depreciating this equipment, together with sponsoring New Zealand Sign Language interpreter scholarships and the purchase of ancillary services to support the availability and uptake of relay services.

Reasons for Change in Appropriation

This appropriation decreased by $100,000 to $1.419 million for 2015/16 is a result of a transfer of $100,000 to the Telecommunications Development Levy Funded Procurement - Deaf Relay Service TSO appropriation to assist in meeting the higher than anticipated demand for Deaf Relay services.

Science and Innovation: Environmental Research (M84)

Scope of Appropriation

This appropriation is limited to research and research applications to underpin the management, protection and enhancement of natural ecosystems, land and freshwater resources, climate and atmosphere within New Zealand, including Antarctica.

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

Percentage of contracts assessed in accordance with the monitoring plans

100% Updated measure 100%

Reasons for Change in Appropriation

This appropriation increased by $340,000 to $31.875 million for 2015/16 to reflect the Science Board's decisions for the 2015 Science Investment Round.

Science and Innovation: Fellowships for Excellence (M84)

Scope of Appropriation

This appropriation is limited to encouraging the career development of the country's talented early and mid-career researchers.

Reasons for Change in Appropriation

This appropriation decreased by $1.191 million to $10.379 million for 2015/16 due to a transfer of this amount to the Square Kilometre Array appropriation to assist the Victoria University of Wellington and the Auckland University of Technology to support their participation in the Square Kilometre Array project in 2016/17 and 2017/18.

Science and Innovation: Hazards and Infrastructure Research (M84)

Scope of Appropriation

This appropriation is limited to research and research applications to support hazard management and improve the durability of NZ urban and rural settlements.

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

Percentage of contracts assessed in accordance with the monitoring plans

100% Updated measure 100%

Reasons for Change in Appropriation

This appropriation increased by $453,000 to $11.845 million for 2015/16 to reflect the Science Board's decisions for the 2015 Science Investment Round.

Science and Innovation: Health and Society Research (M84)

Scope of Appropriation

This appropriation is limited to research and research applications to improve the health and social well-being of New Zealanders.

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

Percentage of contracts assessed in accordance with the monitoring plans

100% Updated measure 100%

Reasons for Change in Appropriation

This appropriation decreased by $3.120 million to $83.946 million for 2015/16 to reflect the Science Board's decisions for the 2015 Science Investment Round.

Science and Innovation: High Value Manufacturing and Services Research (M84)

Scope of Appropriation

This appropriation is limited to research and research applications to develop new technologies, novel materials, and new products, processes and services for the manufacturing and technology sectors.

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

Percentage of contracts assessed in accordance with the monitoring plans

100% Updated measure 100%

Reasons for Change in Appropriation

This appropriation decreased by $326,000 to $63.714 million for 2015/16 to reflect the Science Board's decisions for the 2015 Science Investment Round.

Science and Innovation: National Measurement Standards (M84)

Scope of Appropriation

This appropriation is limited to providing specified standards to satisfy the needs for traceable physical measurement in New Zealand.

Reasons for Change in Appropriation

This appropriation decreased by $682,000 to $5.082 million for 2015/16 due to transfers within Callaghan Innovation appropriations to better reflect costs of service provision for the year.

Science and Innovation: Research and Development Services and Facilities for Business and Industry (M84)

Scope of Appropriation

This appropriation is limited to providing research and technical expertise and facilities to business and industry.

Reasons for Change in Appropriation

This appropriation increased by $3.852 million to $23.375 million for 2015/16 due to transfers within Callaghan Innovation appropriations to better reflect costs of service provision for the year.

Science and Innovation: Vision Matauranga Capability Fund (M84)

Scope of Appropriation

This appropriation is limited to the development of skilled people and organisations undertaking research that supports the four themes of Vision Matauranga; indigenous innovation, environmental sustainability, health and social well being, and exploring indigenous knowledge.

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

Percentage of applications are assessed against eligibility and assessment criteria within agreed timeframes (refer to note 1)

100% Updated measure 100%

Maturing contracts assessed against contract outputs (refer to note 2)

100% Updated measure 100%

Percentage of contracts assessed in accordance with the monitoring plan

100% Updated measure 100%

Note 1 - Assessment criteria are predetermined.

Note 2 - The outputs are those defined in the contract and to be achieved by the end of the contract.

Targeted Business Research and Development Funding (M84)

Scope of Appropriation and Expenses

Type, Title, Scope and Period of Appropriations Appropriations, Adjustments and Use $000

Targeted Business Research and Development Funding (M84)

This appropriation is limited to co-funding for private businesses to undertake research and development projects and for funding students to work in research and development active businesses.

Commences: 01 July 2013

Expires: 30 June 2017
Original Appropriation 173,000
Adjustments to 2014/15 (2,250)
Adjustments for 2015/16 (33,167)
Adjusted Appropriation 137,583
Actual to 2014/15 Year End 67,583
Estimated Actual for 2015/16 30,000
Estimated Actual for 2016/17 40,000
Estimated Appropriation Remaining -

Reasons for Change in Appropriation

The decrease in this appropriation by $33.167 million in 2015/16 is due to a rephasing of research and development funding to 2017/18 and subsequent financial years.

Tourism: Tourism Growth Partnership (M69)

Scope of Appropriation

This appropriation is limited to the support of partnerships with industry that address strategic issues in the tourism sector.

Reasons for Change in Appropriation

This appropriation decreased by $2.809 million to $7.594 million for 2015/16 due to a $6.500 million transfer to 2016/17 to fund commitments that have been entered in to for co-investments. This decrease was partially offset by a transfer of $3.691 million from 2014/15 to reflect that the Tourism Growth Partnership fund reimburses contracted parties to partially match their contribution after they have expended the money.

3.4 - Non-Departmental Other Expenses

Communications: Broadband Investment (Rural Supply) (M88)

Scope of Appropriation

This appropriation is limited to the provision of funding for grants or consumer subsidies relating to the deployment of broadband infrastructure in rural regions of New Zealand.

Reasons for Change in Appropriation

This appropriation increased by $13 million to $13.533 million for 2015/16 due to difficult and/or complex projects that commenced in 2014/15 being pushed through to the 2015/16 year.

Communications: Telecommunications Development Levy Funded Procurement - Deaf Relay Service TSO (M88)

Scope of Appropriation

This appropriation is limited to the purchase of deaf relay services which is offset by the Telecommunications Development Levy.

Reasons for Change in Appropriation

This appropriation increased by $100,000 to $2.700 million for 2015/16 as a result of a transfer of $100,000 from the Administrative Support for Telecommunications Relay Equipment and Services appropriation to assist with higher than anticipated demand for Deaf Relay services.

Communications: Telecommunications Development Levy Funded Procurement - Non-Urban Infrastructure (M88)

Scope of Appropriation

This appropriation is limited to the payment of grants and investment for non-urban infrastructure offset by the Telecommunications Development Levy.

Reasons for Change in Appropriation

This appropriation decreased by a total of $676,000 to $27.324 million in 2015/16, due to transfers of $312,000 to 2016/17, $312,000 to 2017/18 and $52,000 to 2018/19. The amounts are intended to cover committed monthly expenditure to backhaul services for the Chatham Islands until August 2018.

Economic Development: Depreciation on Auckland's Queens Wharf (M25)

Scope of Appropriation

This appropriation is limited to depreciation expenses associated with Auckland's Queens Wharf.

What is Intended to be Achieved with this Appropriation

This appropriation is intended to achieve the recognition of expenses incurred as part of the depreciation of Auckland's Queens Wharf.

Economic Development: Major Events Development Fund (M25)

Scope of Appropriation

This appropriation is limited to support for major events that provide economic, social, cultural and international profiling benefits to New Zealand.

What is Intended to be Achieved with this Appropriation

This appropriation is intended to achieve the funding of major events that provide benefits to New Zealand.

Reasons for Change in Appropriation

This appropriation decreased by $6.699 million to $8.216 million for 2015/16 due to:

  • a $5 million transfer to 2016/17 and 2017/18 as these years were identified as being under pressure with around half of the $10 million Fund allocation per year already committed, and
  • a $2 million transfer to 2016/17 and 2017/18 from expected available funds to reflect the Government directive to increase the intensity of work being done on research and bids for prospective major events.

These decreases are partially offset by a transfer of $301,000 from 2014/15 to reflect the timing of some commitments that cannot be paid out in the 2014/15 year.

Economic Development: Management Development Fund (M25)

Scope of Appropriation

This appropriation is limited to assistance to address the management capability gap in New Zealand, through the commissioning of research, stimulation of business interest and supply of management development services.

What is Intended to be Achieved with this Appropriation

This appropriation is intended to achieve an increase in the number of productive and successful people, communities, enterprises and regions through the development of management capability in New Zealand.

Energy and Resources: Ministry of Energy Residual Liabilities (M28)

Scope of Appropriation

Payment of residual liabilities of the former Ministry of Energy and to meet urgent mine restoration and rehabilitation relating to the operations of the state coal mines prior to 1987.

Reasons for Change in Appropriation

This appropriation was disestablished during 2015/16 due to the change to arrangements for administering the pre-1987 rehabilitation indemnity. This was transferred to the Treasury.

Energy and Resources: The Pike River Mine Site (M16)

Scope of Appropriation

This appropriation is limited to expenditure on the management of the Pike River mine site, commemoration of the deceased men, and matters of collective interest to the Pike River families.

Expenses

  2015/16
  Estimates
$000
Supplementary Estimates
$000
Total
$000
Total Appropriation - 1,734 1,734

What is Intended to be Achieved with this Appropriation

This appropriation is intended to achieve management of the Pike River mine site, commemoration of the deceased men, and matters of collective interest to the Pike River families.

End of Year Performance Reporting

An exemption was granted under s15D(2)(b)(iii) of the Public Finance Act as the amount of the annual appropriation for a non-departmental other expense is less than $5 million.

Reasons for Change in Appropriation

This appropriation was established with one-off funding for 2014/15 only. Due to a delay in Solid Energy's demobilisation and decommissioning process as a result of its internal risk assessment requirements, $1.834 million was transferred from 2014/15 to 2015/16 in October 2015. A transfer of $100,000 was made to help establish the Non-Departmental Capital Expenditure - Pike River appropriation.

Impairment of Crown Assets (M25)

Scope of Appropriation

This appropriation is limited to expenses arising from the recognition of impaired value of Crown assets, including write down and write offs.

Expenses

  2015/16
  Estimates
$000
Supplementary Estimates
$000
Total
$000
Total Appropriation - 1,140 1,140

What is Intended to be Achieved with this Appropriation

This appropriation is intended to achieve the recognition of impairment costs of assets owned by the Crown.

End of Year Performance Reporting

An exemption was granted under s15D(2)(b)(iii) of the Public Finance Act as the amount of the annual appropriation for a non-departmental expense is less than $5 million.

New Zealand Screen Production Grant - International (M25)

Scope of Appropriation and Expenses

Type, Title, Scope and Period of Appropriations Appropriations, Adjustments and Use $000

New Zealand Screen Production Grant - International (M25)

This appropriation is limited to providing grant assistance to screen productions that are internationally focused and produced in New Zealand.

Commences: 01 July 2014

Expires: 30 June 2019
Original Appropriation 252,780
Adjustments to 2014/15 517
Adjustments for 2015/16 -
Adjusted Appropriation 253,297
Actual to 2014/15 Year End 109,762
Estimated Actual for 2015/16 112,000
Estimated Actual for 2016/17 31,535
Estimated Appropriation Remaining -

Reasons for Change in Appropriation

The increase in this appropriation is due to greater than anticipated uptake of qualifying internationally focused screen productions.

Science and Innovation: Australian Synchrotron (M84)

Scope of Appropriation

This appropriation is limited to a grant being New Zealand Government's contribution to the operation of a synchrotron located in Victoria, Australia.

Reasons for Change in Appropriation

This appropriation decreased by $6.517 million to $983,000 for 2015/16 due to a transfer to 2016/17 to reflect the delays in Australia regarding the funding and ongoing development of the facility.

Science and Innovation: Genomics Research Infrastructure (M84)

Scope of Appropriation

This appropriation is limited to a grant to contribute towards the purchase and operation of infrastructure that will support genomics research.

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

Monitor and assess reporting from New Zealand Genomics Limited against the Crown Funding agreement

Achieved Updated measure Achieved

Reasons for Change in Appropriation

This appropriation decreased by $641,000 to $12.084 million for 2015/16 due to a transfer to the Science Collections and Infrastructure appropriation to assist with the Dunedin Multidisciplinary Health and Development Study.

Science and Innovation: International Relationships (M84)

Scope of Appropriation

This appropriation is limited to grants for international research relationships.

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

Percentage of applications are assessed against eligibility and assessment criteria within agreed timeframes (refer to note 1)

100% Updated measure 100%

Percentage of contracts assessed in accordance with the contracted monitoring arrangements

100% Updated measure 100%

Maturing science contracts assessed against contract outputs (refer to note 2)

100% Updated measure 100%

Note 1 - Assessment criteria are predetermined.

Note 2 - The outputs are those defined in the contract and to be achieved by the end of the contract.

Reasons for Change in Appropriation

This appropriation increased by $1 million to $11.251 million for 2015/16 due to a transfer from 2014/15 to enable the Strategic International Research programme to be launched in 2015/16, when a significant number of the National Science Challenges would be fully funded and established.

Science and Innovation: Maori Innovation Fund (M46)

Scope of Appropriation

This appropriation is limited to a contestable Fund to invest in initiatives that contribute to the achievement of the economic goals and priorities in He Kai Kei Aku Ringa and the Business Growth Agenda.

Reasons for Change in Appropriation

This appropriation increased by $36,000 to $3.036 million for 2015/16. This was due to a $1.572 million transfer from 2014/15 to reflect that the total contract spend would be more heavily weighted towards 2015/16.

This increase is partially offset by a decrease of $1.536 million due to a transfer of this amount to 2016/17 due to the length of the assessment and contracting process, which meant that recipients will not be paid in 2015/16. The funding round was delayed so that the Ministry of Business, Innovation and Employment could implement improvements to the application and assessment process.

Science and Innovation: National eScience Infrastructure (M84)

Scope of Appropriation

This appropriation is limited to a grant to contribute to the operation of the National eScience Infrastructure, including high-performance computational infrastructure and associated eScience services, that will support New Zealand research.

How Performance will be Assessed and End of Year Reporting Requirements

  2015/16
Performance Measures Estimates
Standard
Supplementary
Estimates
Standard
Total
Standard

Monitor and assess reporting from the National eScience Infrastructure against the Crown funding agreements

Achieved Updated measure Achieved

Science and Innovation: Science Collections and Infrastructure (M84)

Scope of Appropriation

This appropriation is limited to grants to contribute to the maintenance and retention of databases, collections and significant infrastructure dedicated to research purposes.

Reasons for Change in Appropriation

This appropriation increased by $641,000 to $8.539 million for 2015/16 due to a transfer from the Genomics Research Infrastructure appropriation to assist with the Dunedin Multidisciplinary Health and Development Study.

Tourism: Maintaining the Quality of the Great Rides (M69)

Scope of Appropriation

This appropriation is limited to the provision of financial assistance to maintain the quality of the Great Rides of Nga Haerenga, the New Zealand Cycle Trail.

Reasons for Change in Appropriation

This appropriation increased by $257,000 to $2.257 million for 2015/16 due to a transfer of $1.257 million from 2014/15 to reflect that the Fund is in its first year, and that uptake has been slower than anticipated as Great Rides have to raise matching funding. This increase is offset by a $1 million transfer to 2016/17 and 2017/18, to ensure that the Fund is adequately provisioned to meet both standard maintenance requests and to repair damage from storm events.

Tourism: National Cycleway Fund - Extension (M69)

Scope of Appropriation

This appropriation is limited to the provision of financial assistance for the development of a National Cycleway.

Reasons for Change in Appropriation

This appropriation decreased by $1 million to $2.935 million for 2015/16 due to a transfer of this amount to 2016/17 to reflect slower than expected progress on the construction of the last two funded cycle trails. These are expected to be completed in 2016/17.

3.5 - Non-Departmental Capital Expenditure

Energy and Resources: Pike River (M16)

Scope of Appropriation

This appropriation is limited to the purchase of assets for retention at the Pike River Mine Site.

Capital Expenditure

  2015/16
  Estimates
$000
Supplementary Estimates
$000
Total
$000
Total Appropriation - 100 100

What is Intended to be Achieved with this Appropriation

This appropriation is intended to achieve management of the Pike River mine site, commemoration of the deceased men, and matters of collective interest to the Pike River families.

End of Year Performance Reporting

An exemption was granted under s15D(2)(b)(iii) of the Public Finance Act as the amount of the annual appropriation for a non-departmental capital expenditure is less than $15 million.

Reasons for Change in Appropriation

This appropriation was established during 2015/16 to record the purchase of fixed assets from Solid Energy New Zealand as part of the establishment of the Pike River Memorial Track.

Science and Innovation: Callaghan Innovation (M84)

Scope of Appropriation

This appropriation is limited to capital expenditure to support the development of Callaghan Innovation's strategic infrastructure.

Reasons for Change in Appropriation

This appropriation decreased by $59.410 million to $4.300 million for 2015/16 due to a transfer to 2016/17 and out years, to reflect the latest forecast in spend for the Innovation Quarter Programme and the accompanying Better Business Case review process.

Part 4 - Details of Multi-Category Expenses and Capital Expenditure

Multi-Category Expenses and Capital Expenditure

Commerce Commission Litigation Funds (M13)

Overarching Purpose Statement

The single overarching purpose of this appropriation is to meet the costs of litigation activity undertaken by the Commerce Commission arising from its general market or sector specific activities.

Scope of Appropriation

Non-Departmental Other Expenses
Commerce Commission Externally-Sourced Litigation
This category is limited to meeting the external direct costs of major litigation activity undertaken by the Commerce Commission arising from its general market or sector specific activities.
Commerce Commission Internally-Sourced Litigation
This category is limited to meeting the internal costs of major litigation activity undertaken by the Commerce Commission arising from its general market or sector specific activities.

How Performance will be Assessed for this Appropriation

The performance for this appropriation will be assessed based on whether Litigation Funds are utilised in accordance with the conditions for use.

Energy Efficiency and Conservation (M28)

Overarching Purpose Statement

The single overarching purpose of this appropriation is to encourage, promote and support energy efficiency and conservation and the use of renewable energy.

Scope of Appropriation

Non-Departmental Output Expenses

Electricity Efficiency
This category is limited to conducting electricity efficiency research, and development and administration of programmes that provide incentives for cost-effective energy efficiency and conservation, aimed at changing market behaviours.
Energy Efficiency and Conservation
This category is limited to operational and policy outputs in accordance with statutory functions under the Energy Efficiency and Conservation Act 2000 and the government's energy strategies.

How Performance will be Assessed for this Appropriation

The performance for this appropriation will be assessed by improvements in energy efficiency, energy conservation and renewable energy, in accordance with the New Zealand Energy Efficiency and Conservation Strategy 2011-2016.

What is Intended to be Achieved with each Category and How Performance will be Assessed

  2015/16
Assessment of Performance Estimates
Standard
Supplementary Estimates
Standard
Total
Standard

Non-Departmental Output Expenses

     

Energy Efficiency and Conservation

     

EECA awareness and energy savings: Business market percentage awareness of EECA Business initiatives

40% Removed Removed

End of Year Performance Reporting

Performance information for this appropriation will be reported for the Ministry of Business, Innovation and Employment in the Energy Efficiency and Conservation Authority Annual Report.

Policy Advice and Related Outputs (M25)

Overarching Purpose Statement

The single overarching purpose of this appropriation is to provide policy advice and other support services to Ministers in discharging their policy decision-making and other portfolio responsibilities.

Scope of Appropriation

Departmental Output Expenses

Investigative Services - Trade Remedies
This category is limited to investigative services to support advice to the Minister of Commerce and Consumer Affairs to establish whether New Zealand industries require remedies to prevent injury caused by dumped or subsidised imports or sudden import surges.

Policy Advice - Commerce and Consumer Affairs
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to commerce and consumer affairs.

Policy Advice - Communications
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to Communications.

Policy Advice - Economic Development
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to economic development.

Policy Advice - Energy and Resources
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to energy and resources.

Policy Advice - Science and Innovation
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to science and innovation.

Policy Advice - Small Business
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to small business.

Policy Advice - Tourism
This category is limited to the provision of advice (including second opinion advice and contributions to policy advice led by other agencies) to support decision making by Ministers on government policy matters relating to Tourism.

Related Services to Ministers - Commerce and Consumer Affairs
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to Commerce and Consumer Affairs, including monitoring of Crown Entities and Statutory Bodies.

Related Services to Ministers - Communications
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to Communications, including monitoring of Crown Entities and Statutory Bodies.

Related Services to Ministers - Economic Development
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to economic development, including monitoring of Crown entities and statutory bodies.

Related Services to Ministers - Energy and Resources
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to energy and resources, including monitoring of Crown entities and statutory bodies.

Related Services to Ministers - Science and Innovation
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to science and innovation, including monitoring of Crown entities and statutory bodies.

Related Services to Ministers - Small Business
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to small business.

Related Services to Ministers - Tourism
This category is limited to the provision of services to Ministers to enable them to discharge their portfolio (other than policy decision-making) responsibilities on matters relating to Tourism, including monitoring of Crown Entities and Statutory Bodies.

Expenses, Revenue and Capital Expenditure

  2015/16
  Estimates
$000
Supplementary Estimates
$000
Total
$000

Total Appropriation

55,980 (194) 55,786

Departmental Output Expenses

     
Investigative Services - Trade Remedies 562 - 562
Policy Advice - Commerce and Consumer Affairs 9,346 (700) 8,646
Policy Advice - Communications 5,732 250 5,982
Policy Advice - Economic Development 14,657 773 15,430
Policy Advice - Energy and Resources 5,500 (400) 5,100
Policy Advice - Science and Innovation 4,948 200 5,148
Policy Advice - Small Business 1,234 - 1,234
Policy Advice - Tourism 2,542 (244) 2,298
Related Services to Ministers - Commerce and Consumer Affairs 1,271 700 1,971
Related Services to Ministers - Communications 312 (250) 62
Related Services to Ministers - Economic Development 4,463 1,150 5,613
Related Services to Ministers - Energy and Resources 787 (150) 637
Related Services to Ministers - Science and Innovation 2,808 (200) 2,608
Related Services to Ministers - Small Business 217 - 217
Related Services to Ministers - Tourism 1,601 (1,323) 278

Funding for Departmental Output Expenses

     

Revenue from the Crown

55,102 230 55,332
Investigative Services - Trade Remedies 562 - 562
Policy Advice - Commerce and Consumer Affairs 9,239 (700) 8,539
Policy Advice - Communications 5,732 250 5,982
Policy Advice - Economic Development 14,233 1,197 15,430
Policy Advice - Energy and Resources 5,478 (400) 5,078
Policy Advice - Science and Innovation 4,948 200 5,148
Policy Advice - Small Business 1,234 - 1,234
Policy Advice - Tourism 2,542 (244) 2,298
Related Services to Ministers - Commerce and Consumer Affairs 1,246 700 1,946
Related Services to Ministers - Communications 312 (250) 62
Related Services to Ministers - Economic Development 4,163 1,150 5,313
Related Services to Ministers - Energy and Resources 787 (150) 637
Related Services to Ministers - Science and Innovation 2,808 (200) 2,608
Related Services to Ministers - Small Business 217 - 217
Related Services to Ministers - Tourism 1,601 (1,323) 278

Revenue from Others

878 (424) 454
Policy Advice - Commerce and Consumer Affairs 107 - 107
Policy Advice - Economic Development 424 (424) -
Policy Advice - Energy and Resources 22 - 22
Related Services to Ministers - Commerce and Consumer Affairs 25 - 25
Related Services to Ministers - Economic Development 300 - 300

How Performance will be Assessed for this Appropriation

The performance for this appropriation will be assessed by the average satisfaction of Ministers reaching, or exceeding, 70 per cent annually.

What is Intended to be Achieved with each Category and How Performance will be Assessed

  2015/16
Assessment of Performance Estimates
Standard
Supplementary Estimates
Standard
Total
Standard

Related Services to Ministers - Commerce and Consumer Affairs

     

Percentage of requests completed within either specified or statutory timeframes:

     
  • Parliamentary Questions
95% or above Updated measure 95% or above
  • Ministerial correspondence
95% or above Updated measure 95% or above
  • Ministerial Official Information Act 1982 requests
95% or above Updated measure 95% or above

Related Services to Ministers - Communications

     

Percentage of requests completed within either specified or statutory timeframes:

     
  • Parliamentary Questions
95% or above Updated measure 95% or above
  • Ministerial correspondence
95% or above Updated measure 95% or above
  • Ministerial Official Information Act 1982 requests
95% or above Updated measure 95% or above

Related Services to Ministers - Economic Development

     

Percentage of requests completed within either specified or statutory timeframes:

     
  • Parliamentary Questions
95% or above Updated measure 95% or above
  • Ministerial correspondence
95% or above Updated measure 95% or above
  • Ministerial Official Information Act 1982 requests
95% or above Updated measure 95% or above

Related Services to Ministers - Energy and Resources

     

Percentage of requests completed within either specified or statutory timeframes:

     
  • Parliamentary Questions
95% or above Updated measure 95% or above
  • Ministerial correspondence
95% or above Updated measure 95% or above
  • Ministerial Official Information Act 1982 requests
95% or above Updated measure 95% or above

Related Services to Ministers - Science and Innovation

     

Percentage of requests completed within either specified or statutory timeframes:

     
  • Parliamentary Questions
95% or above Updated measure 95% or above
  • Ministerial correspondence
95% or above Updated measure 95% or above
  • Ministerial Official Information Act 1982 requests
95% or above Updated measure 95% or above

Related Services to Ministers - Small Business

     

Percentage of requests completed within either specified or statutory timeframes:

     
  • Parliamentary Questions
95% or above Updated measure 95% or above
  • Ministerial correspondence
95% or above Updated measure 95% or above
  • Ministerial Official Information Act 1982 requests
95% or above Updated measure 95% or above

Related Services to Ministers - Tourism

     

Percentage of requests completed within either specified or statutory timeframes:

     
  • Parliamentary Questions
95% or above Updated measure 95% or above
  • Ministerial correspondence
95% or above Updated measure 95% or above
  • Ministerial Official Information Act 1982 requests
95% or above Updated measure 95% or above

Reasons for Change in Appropriation

Policy Advice - Commerce and Consumer Affairs

This category decreased by $700,000 to $8.646 million for 2015/16 due to a transfer of this amount to the Related Services to Ministers - Commerce and Consumer Affairs category to more accurately reflect the work programmes and resources in that area.

Policy Advice - Communications

This category increased by $250,000 to $5.982 million for 2015/16 due to a transfer from the Related Services to Ministers - Communications category to more accurately reflect the work programmes and resources in this area.

Policy Advice - Economic Development

This category increased by $773,000 to $15.430 million in 2015/16 due to the following:

  • a $2.050 million increase for the Regional Economic Development programme which is a cross-government programme aimed at identifying and responding to economic growth opportunities and challenges in the regions
  • an $800,000 transfer from 2014/15 to reflect timing in the delivery of regional growth studies, and
  • a $150,000 transfer from 2014/15 to reflect the timing of the set-up of the Auckland Co-Design Lab taking longer than anticipated, and to match funding commitments.

These increases are partially offset by the following decreases:

  • a one-off sum of $900,000 transferred to the appropriation Commerce and Consumer Affairs: Retirement Commissioner, to scale up two pilot programmes aimed at improving Maori financial capability as part of goal three of the He Kai Kei Aku Ringa (HKKAR), the Crown-Maori Economic Growth Partnership
  • a one-off transfer of $750,000 to 2016/17 for regional growth programme work that will now be delivered in that year
  • a one-off sum of $424,000 was returned to the Crown to reflect the decision in early 2015 to shift responsibility for the Auckland Policy Office to the State Services Commission (SSC). The SSC will now be receiving the contributions, not the Ministry of Business, Innovation and Employment, and
  • a $103,000 contribution to the Crown to assist with the Growing Up In New Zealand initiative.

Policy Advice - Energy and Resources

This category decreased by $400,000 to $5.100 million for 2015/16 due to a transfer to the Management of the Crown Mineral Estate appropriation to more accurately reflect the work programmes and resources in that area.

Policy Advice - Science and Innovation

This category increased by $200,000 to $5.148 million for 2015/16 due to a transfer from the Related Services to Ministers - Science and Innovation category to accurately reflect the work programmes and resources in this area.

Policy Advice - Tourism

This category decreased by $244,000 to $2.298 million for 2015/16 due to the following decreases:

  • a $400,000 transfer to 2016/17 is required to boost the Ministry of Business, Innovation and Employment's capacity to undertake work in the Tourism portfolio, in particular for the implementation of the Tourism 18-month Strategy, which includes additional focus on tourism infrastructure and regional development with a tourism focus, and
  • a $400,000 transfer to the Sector Analysis and Facilitation MCA - Tourism Data and Analysis - Tourism category to more accurately reflect the extent of the work programmes and resources across the portfolio.

These decreases are partially offset by an increase of $556,000, which is a result of a transfer from 2014/15 for China visitor market research.

Related Services to Ministers - Commerce and Consumer Affairs

This category increased by $700,000 to $1.971 million for 2015/16 due to a transfer of this amount from the Policy Advice - Commerce and Consumer Affairs category to more accurately reflect the work programmes and resources in this area.

Related Services to Ministers - Communications

This category decreased by $250,000 to $62,000 for 2015/16 due to a transfer of this amount to the Policy Advice - Communications category to more accurately reflect the work programmes and resources in that area.

Related Services to Ministers - Economic Development

This category increased by $1.150 million to $5.613 million for 2015/16 due to the following:

  • a $1 million transfer from the Sector Analysis and Facilitation MCA - Sectoral and Regional Data and Analysis - Economic Development category to more accurately reflect the extent of the work programmes and resources in this area, and
  • a $150,000 transfer from 2014/15 to reflect the delay in the progress on the design and construction of the New Zealand International Convention Centre (NZICC) owing to the need to re-negotiate aspects of the original NZICC Agreement.

Related Services to Ministers - Energy and Resources

This category decreased by $150,000 to $637,000 for 2015/16 due to a transfer to the Management of the Crown Mineral Estate appropriation to more accurately reflect the work programmes and resources in that area.

Related Services to Ministers - Science and Innovation

This category decreased by $200,000 to $2.608 million for 2015/16 due to a transfer to Policy Advice - Science and Innovation category to accurately reflect the work programmes and resources in that area.

Related Services to Ministers - Tourism

This category decreased by $1.323 million to $278,000 for 2015/16 due to the following:

  • a $1.300 million transfer to the Sector Analysis and Facilitation MCA - Tourism Data and Analysis - Tourism category to more accurately reflect the extent of the work programmes and resources in that area, and
  • a $23,000 contribution to the Crown to assist with the Growing Up In New Zealand initiative.

Sector Analysis and Facilitation (M25)

Overarching Purpose Statement

The single overarching purpose of this appropriation is to provide services that support the effective functioning of individual economic sectors.

Scope of Appropriation

Departmental Output Expenses

Sectoral and regional data and analysis - Economic Development
This category is limited to the research, analysis and dissemination of data on economic performance of sectors and regions.
Tourism Data and Analysis - Tourism
This category is limited to research, analysis and dissemination of data on tourism.

Expenses, Revenue and Capital Expenditure

  2015/16
  Estimates
$000
Supplementary Estimates
$000
Total
$000

Total Appropriation

5,133 660 5,793

Departmental Output Expenses

     
Sectoral and regional data and analysis - Economic Development 1,931 (1,040) 891
Tourism Data and Analysis - Tourism 3,202 1,700 4,902

Funding for Departmental Output Expenses

     

Revenue from the Crown

4,994 660 5,654
Sectoral and regional data and analysis - Economic Development 1,931 (1,040) 891
Tourism Data and Analysis - Tourism 3,063 1,700 4,763

Revenue from Others

139 - 139
Tourism Data and Analysis - Tourism 139 - 139

How Performance will be Assessed for this Appropriation

The performance for this appropriation will be assessed by the increasing number of:

  • subscriptions to tourism data
  • hits on regional economic data.

What is Intended to be Achieved with each Category and How Performance will be Assessed

  2015/16
Assessment of Performance Estimates
Standard
Supplementary Estimates
Standard
Total
Standard

Departmental Output Expense

     

Sectoral and Regional Data and Analysis - Economic Development

     

Sector and regional data and analysis published on the Ministry of Business, Innovation and Employment's website within agreed timeframes

100% Updated measure 100%

Tourism Data and Analysis - Tourism

     

Meet Statistics New Zealand's Official Statistics Standards for all core Tourism datasets published by the Ministry of Business, Innovation and Employment

Achieved Updated measure Achieved

Tourism data and analysis is published on the Ministry of Business, Innovation and Employment's website within agreed timeframes

100% Updated measure 100%

Reasons for Change in Appropriation

Sectoral and Regional Data and Analysis - Economic Development

This category decreased by $1.040 million to $891,000 for 2015/16 due to the following transfers:

  • a $1 million transfer to the Policy Advice and Related Outputs MCA - Related Services to Ministers - Economic Development category, to assist with mitigating cost pressures encountered in this area, and
  • a $40,000 transfer to Vote Statistics as a contribution to setting up and driving the Data Futures Partnership programme, led by Statistics New Zealand.

Tourism Data and Analysis - Tourism

This category increased by $1.700 million to $4.902 million for 2015/16 due to a transfer of $1.300 million from the Policy Advice and Related Outputs MCA - Related Services to Ministers - Tourism category, and $400,000 from the Policy Advice and Related Outputs MCA - Policy Advice - Tourism category, to more accurately reflect the extent of the work programmes and resources in this area.

Seed Co-Investment Fund (M25)

Overarching Purpose Statement

The single overarching purpose of this appropriation is to provide capital to support the development of markets for early stage equity finance and venture capital.

Scope of Appropriation

Non-Departmental Output Expenses

Investment Fund Management
This category is limited to operational Costs of the Venture and Seed Co-Investment Funds.

Non-Departmental Capital Expenditure

Seed Co-Investment Fund
This category is limited to providing capital to support the development of the market for early stage equity finance.

How Performance will be Assessed for this Appropriation

The performance for this appropriation will be assessed by the number of new investments in companies from the Seed Co-Investment Fund reaching or exceeding 15.

Reasons for Change in Appropriation

Seed Co-Investment Fund

This category increased by $2.879 million to $8.409 million for 2015/16 due to:

  • a transfer of $2.500 million from the 2016/17 financial year to alleviate demand pressures on this category for the 2015/16 financial year, and
  • a transfer of $379,000 of unspent funds from 2014/15, in accordance with Cab Min (06) 41/1.

Services and Advice to Support Well-functioning Financial Markets (M13)

Overarching Purpose Statement

The single overarching purpose of this appropriation is to support well-functioning financial markets through the activities of the Financial Markets Authority.

Scope of Appropriation

Non-Departmental Output Expenses

Performance of Investigation and Enforcement Functions
This category is limited to the performance of statutory functions relating to the investigation and enforcement of financial markets legislation, including the assessment of complaints, tips, and referrals.
Performance of Licensing and Compliance Monitoring Functions
This category is limited to the performance of statutory functions relating to licensing of market participants and risk-based monitoring of compliance, including with disclosure requirements under financial markets legislation.
Performance of Market Analysis and Guidance, Investor Awareness, and Regulatory Engagement Functions
This category is limited to the performance of statutory functions relating to market intelligence, guidance, exemptions, investor education, and regulatory and government co-operation and advice.

How Performance will be Assessed for this Appropriation

The performance for this appropriation will be assessed by the improvement in the confidence of New Zealanders in financial markets.

What is Intended to be Achieved with each Category and How Performance will be Assessed

  2015/16
Assessment of Performance Estimates
Standard
Supplementary Estimates
Standard
Total
Standard

Non-Departmental Output Expenses

     

Performance of Investigation and Enforcement Functions

     

This category is intended to achieve fair, efficient, and transparent financial markets through Financial Markets Authority's (FMA) regulatory and enforcement actions.

     

Risk-based, proportionate and timely action against misconduct:

     

Percentage of inquiries and investigations are conducted within the timeframes and standards defined in the enforcement governance framework

70% 80% 80%

Percentage of Memorandum of Understanding requests for assistance are completed within agreed time frames to the satisfaction of international regulators

90% 100% 100%

Eighty per cent of misconduct reports about market participants once received by FMA's assistance team are processed within established time frames:

80% Removed Removed

Percentage of misconduct reports about market participants are acknowledged within two working days of receipt by the FMA's assistance team

80% 95% 95%

Percentage of misconduct reports about market participants received by the FMA's assistance team are evaluated and determined for further action, referral or closing and the reporter is advised within 10 working days of receiving all relevant information

80% 90% 90%

Percentage of frontline regulator referrals and misconduct reports about market participants requiring urgent attention prioritised for action within one working day of receipt by the FMA's assistance team

80% 90% 90%

Percentage of stakeholders who agree that the FMA's enforcement actions deter misconduct in New Zealand's financial markets

New measure New measure 70%

Performance of Licensing and Compliance Monitoring Functions

     

This category is intended to achieve compliance of market participants and frontline regulators.

     

Risk-based monitoring and surveillance:

     

Following receipt by the FMA, percentage of fully completed license applications that are processed within 60 working days and in accordance with established processes

New measure New measure 90%

Qualifying Financial Entities will be processed within 60 working days

90% Removed Removed

Statutory Supervisors and Securities Trustees will be processed within 60 working days

90% Removed Removed

Authorised Financial Advisers will be processed within 20 working days

90% Removed Removed

FMA publishes five reports on significant issues arising from monitoring and surveillance work per annum

5 Removed Removed

Less than five per cent of licensing decisions are successfully challenged

Less than 5% Removed Removed

Percentage of FMA's licensing decisions that are unchallenged or upheld

New measure New measure 95%

The FMA's strategic priorities are incorporated into its entity-based monitoring programme

New measure New measure Achieved

Performance of Market Analysis and Guidance, Investor Awareness, and Regulatory Engagement Functions

     

This category is intended to achieve investors having access to resources that help them make more informed decisions.

     

Market analysis and guidance:

     

Sixty per cent of respondents to the annual market participant survey agree that FMA consults well when introducing significant changes to the regulatory framework

60% Removed Removed

Percentage of completed applications for exemptions are processed within six weeks of receiving all relevant information or as agreed with applicant

90% 95% 95%

Internal threat/risk assessments are produced in accordance with FMA's Intelligence and Risk Framework

100% Removed Removed

The FMA's Strategic Risk Outlook is reviewed annually to incorporate new market developments

New measure New measure Achieved

Market and investor engagement:

     

Percentage of enquiries that receive a substantive response from FMA within 20 working days of FMA receiving all relevant information

90% 95% 95%

Minimum number of industry or business presentations or speeches undertaken by FMA

50 20 20

The number of website visits increases from the 2012/13 baseline

220,000 Removed Removed

Percentage of FMA website visitors surveyed who rate the content they accessed as useful in helping them to comply, or to make informed investment decisions

New measure New measure 75%

Seventy per cent of respondents to the annual market participant survey say their level of awareness and understanding of FMA's actions has increased in the past year

70% Removed Removed

Percentage of market participants with an FMA relationship manager who say they have benefitted from the relationship

New measure New measure 80%

FMA publishes investor messages on all significant thematic risks

100% Removed Removed

Number of investor awareness initiatives per year focusing on improving investor capability

New measure New measure 3

Support New Market Opportunities to Grow Firms and Sectors for the Benefit of New Zealand (M25)

Overarching Purpose Statement

The single overarching purpose of this appropriation is to promote growth by providing support to firms and sectors in securing new market opportunities.

Scope of Appropriation

Non-Departmental Other Expenses

International Growth Fund
This category is limited to helping firms to undertake the market development and business capability development activities required for in international markets, that will deliver benefits for both the firm and the wider New Zealand economy.
Sector Strategies and Facilitation
This category is limited to assistance with the facilitation of specific sector initiatives, particularly in areas of major events, pre-feasibility and feasibility studies and guarantees for significant projects to access funding through other government programmes and cash grants.

What is Intended to be Achieved with this Appropriation

This appropriation is intended to achieve developed and capable businesses that deliver benefits for New Zealand's economy.

How Performance will be Assessed for this Appropriation

The performance for this appropriation will be assessed by the potential direct economic impact ratio for approved International Growth Fund grants exceeding 4:1.

What is Intended to be Achieved with each Category and How Performance will be Assessed

  2015/16
Assessment of Performance Estimates
Standard
Supplementary Estimates
Standard
Total
Standard

Non-Departmental Other Expenses

     

International Growth Fund

     

This category is intended to achieve market development and business capability development activities required for growth of New Zealand firms in international markets.

     

Realised direct economic impact from completed IGF projects

4:1 Removed Removed

Net promoter score for IGF

Baseline 2015/16 Removed Removed

Note New Zealand Trade and Enterprise's annual report contains the full suite of performance measures as listed in its statement of performance expectations for the financial year.

Support the Growth and Development of New Zealand Firms, Sectors and Regions (M25)

Overarching Purpose Statement

The single overarching purpose of this appropriation is to provide support for the growth and development of New Zealand firms, sectors and regions to maximise international business opportunities.

Scope of Appropriation

Non-Departmental Output Expenses

Collaborative Activity and Special Events
This category is limited to activities where NZTE collaborates with other New Zealand Agency partners to leverage New Zealand's profile and diaspora in international markets, and secure and capitalise on special events or opportunities that support New Zealand's export growth.
International Business Growth Services
This category is limited to helping individual or group of firms internationalise by improving their capability and readiness; identifying and exploiting market opportunities; overcoming internationalisation barriers; providing customised advice and support; enabling access to international business networks; and matching capital with opportunities that support New Zealand's economic growth.
Services to Support the Growth and Development of New Zealand Businesses
This category is limited to building and enhancing business and management capability through providing access to effective assessment, advice, training, mentoring and information.

What is Intended to be Achieved with this Appropriation

This appropriation is intended to achieve significant economic benefits for New Zealand through increasing levels of firm internationalisation.

How Performance will be Assessed for this Appropriation

The performance for this appropriation will be assessed by the total value of deals affected with New Zealand Trade and Enterprise's involvement meeting or exceeding the 2014/15 result.

What is Intended to be Achieved with each Category and How Performance will be Assessed

  2015/16
Assessment of Performance Estimates
Standard
Supplementary Estimates
Standard
Total
Standard

Non-Departmental Output Expenses

     

Collaborative Activity and Special Events

     

This category is intended to achieve economic benefits through key sector initiatives and special events.

     

Net promoter score for the New Zealand Story

Baseline 2015/16 Removed Removed

International Business Growth Services

     

This category is intended to achieve increased internationalisation for New Zealand businesses and matching of capital with investment opportunities.

     

Percentage of intensively account managed (F700) customers that agree or strongly agree that NZTE has added value to their business

Meets or exceeds 2014/15 result Removed Removed

Percentage of NZTE customers that agree or strongly agree that NZTE has added value to their business (excluding those intensively account managed)

60% Removed Removed

Total value of deals effected with NZTE involvement

Deleted Meets or exceeds 2014/15 result Removed Removed

Annual growth in international revenue for NZTE's intensively account managed customers with annual export revenue under $500m

3% points higher than NZ's overall export growth Removed Removed

Total potential Direct Economic Impact (DEI) from Foreign Direct Investment (FDI) deals

New measure Establish baseline Establish baseline

Potential direct economic impact ratio for approved International Growth Fund grants

4:1 Removed Removed

Number of Coalitions under active management

25 (demand driven) Removed Removed

Percentage of coalition objectives met

60% Removed Removed

Per cent ratio of potential Direct Economic Impact to capital deployed for investment deals

Baseline 2015/16 Removed Removed

Net promoter score for NZTE services

45 Removed Removed

Services to Support the Growth and Development of New Zealand Businesses

     

This category is intended to achieve increased business and management capability that improves individual firm and wider business performance.

     

Number of businesses receiving business development services through the Regional Partner Network

2,500 (demand driven) Removed Removed

Total net promoter score for the Regional Partner Network.

Baseline to be established in 2014/15 50 50

Note New Zealand Trade and Enterprise's annual report contains the full suite of performance measures as listed in its statement of performance expectations for the financial year.

Reasons for Change in Appropriation

This appropriation increased by $5.693 million to $168.481 million in 2015/16 due to:

  • a $2.680 million transfer from 2014/15 to reflect the delays in confirming the abattoir design and build relating to the Saudi Arabia-New Zealand Agribusiness Hub project
  • a $2.564 million increase as a result of NZTE being required to adjust their baseline on an annual basis to reflect the movements in foreign exchange rates and local inflation in offshore locations
  • a $536,000 adjustment to allow NZTE to meet their fiscal requirement for the capital charge regime, and
  • a $383,000 contribution from Te Puni Kokiri to NZTE for the New Zealand Story project.

These increases are partially offset by a $470,000 transfer to 2016/17 to reflect timing in the delivery of a solution for development of a new business model for the Saudi Arabia-New Zealand Business Hub project.

This appropriation had a fiscally neutral adjustment of $30.169 million for the 2015/16 year from the Collaborative Activity and Special Events category, to the International Business Growth Services category within this MCA. This transfer reflects the changes to the integrated nature of New Zealand Trade and Enterprise's (NZTE) International Business Growth Services being delivered to firms either individually or as a group.