The measure of John Key’s new ‘Super Ministry’ will be delivery on their targets - their function is more important than the form the ministries take say the New Zealand Manufacturers and Exporters Association (NZMEA). A new Ministry of Business, Innovation and Employment is set to replace the Ministry of Economic Development, the Department of Labour, the Ministry of Science and Innovation, and the Department of Building and Housing.

NZMEA Chief Executive John Walley says, “Aspirational targets are only the starting point, what matters is targets met and economic growth supported. Talking about growth is not the same as delivering economic gains. The fact is targets are worthless unless backed up by genuine policy reforms.”

“There is no doubt that the number of ministries can be reduced and this should improve operational efficiency and help cut operating costs. What matters much more is the influence of the ministries on the economy; that has a broader measure.”

“The basic problem facing New Zealand is a policy imbalance that favours the domestic economy and taxes the traded economy. While the same policy framework exists, the current account deficits will persist; the number and make up of ministries is unlikely to have much impact.”

“The Treasury, the Ministry of Economic Development, the Tax Working Group and the Savings working Group have already informed ministers about this.”
“The new ministry will no doubt offer the same advice - will Government be more prepared to listen?”

ENDS

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