The Government has announced a major overhaul of how infrastructure projects are assessed and approved, aiming to improve decision-making and reduce wasteful spending.
Infrastructure Minister Chris Bishop and Finance Minister Nicola Willis said the reforms will strengthen oversight, ‘ensure better value for money’, and deliver projects that meet New Zealanders’ needs.
A key change will see responsibility for project assurance shift from The Treasury to the independent New Zealand Infrastructure Commission, reducing duplication and improving the quality of expert advice provided to Ministers.
The new system will introduce clearer “go/no-go” assessments, standardised reporting, and earlier scrutiny of major proposals.
Cabinet has also approved stronger ministerial oversight of high-risk projects and new assurance processes for long-term investment planning.
Willis and Bishop say the changes will help prevent poorly planned projects from advancing, ensure agencies lift their performance, and give decision-makers clearer, more consistent information when committing billions in public funds.
Image credit: C Cal
New Zealand Infrastructure Commission aka Te Waihanga Board/leadership team combines significant economic expertise with legal, financial, regulatory and on-the-ground experience. Do these people look like they have built anything?
https://tewaihanga.govt.nz/about-us/our-team
Huts?
They can’t even build the website properly. Why do we need four teams on this board, they say it’s for reducing duplication? Honestly how many more teams, boards, commissions, politicians do we need? How many on the dime now?