Treasury refuses to name poor investment proposals

Treasury refuses to name poor investment proposals
Treasury secretary Caralee McLiesh says it's not the job of the government's investment statement to comment on a particular agency's performance (Image: Treasury)
Jem Traylen
The Treasury is refusing to tell parliament which agencies aren't taking a disciplined approach to their investment spending.In a tense exchange at Wednesday’s meeting of the finance and expenditure select committee, National Party MP Nicola Willis asked officials to stop skirting around the question and name some areas of investment Treasury had concerns with.In a discussion on the government’s investment statement, Treasury deputy secretary Leilani Frew said all agencies had the tools they needed to evaluate investment proposa...

More Policy

MoT to gauge market interest in toll road concessions
Policy

MoT to gauge market interest in toll road concessions

Investment bank Citi will assist the ministry. Transurban has already signalled interest.

Oliver Lewis 03 Jul 2025
Govt announces first three 'regional deal' contenders
Policy

Govt announces first three 'regional deal' contenders

Ministers want regions to consider 'asset recycling', among other funding tools.

Oliver Lewis 02 Jul 2025
‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades
Policy

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades

Two of the biggest NZ ports are raising prices as they plan major investments.

Oliver Lewis 02 Jul 2025
'There are some firms in NZ I won’t touch'
Policy

'There are some firms in NZ I won’t touch'

Adam Feeley on the reluctance to call out poor performers in NZ infrastructure sector.

Oliver Lewis 30 Jun 2025