Business of Government: A Treasury vision, ministers' expectations, Inland Revenue goes hunting for cash and more

Iain Rennie gets poetic on Treasury changes, Peter Mersi is making money and ministers watch on. (Image: Jacques Steenkamp/BusinessDesk)

Ian Llewellyn

Wed, 11 Jun 2025

What's in a name?The shake-up at the top of Treasury has been given a name. And no, it isn’t ‘the night of the long knives', more a gentle pruning with a bit of ‘seize the day’ rhetoric.Treasury secretary Iain Rennie said, “I have named this change process Pae Tata, from the whakatauki, Ko te pae tāwhiti whāia kia tata, ko te pae tata whakamaua kia tina, which means: Pursue the distant horizons that they draw near. The many opportunities to hand, seize them!”It may not be quite the phrasing Finance Mi...

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