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

Treasury strategist: NZ needs to tax capital income
Policy

Treasury strategist: NZ needs to tax capital income

Struan Little says it’s not a question of whether we should tax capital, but how.

The back-to-front ferry deal
Opinion

Pattrick Smellie: The back-to-front ferry deal

Will the wharves be ready when the new ferries arrive?

Pattrick Smellie 20 Nov 2025
KiwiSaver providers want more out of retirement reform
Policy

KiwiSaver providers want more out of retirement reform

The Retirement Commissioner says KiwiSaver does not work equally well for everyone.

Digital Investment Plan expected this month
Policy

Digital Investment Plan expected this month

Health NZ to release its 10-year Digital Investment Plan in Christchurch.

Cécile Meier 14 Nov 2025