Purchase and Monitoring Advice - Housing New Zealand Corporation
This output expense involves the provision of purchase and monitoring advice in relation to Housing New Zealand Corporation.
| Performance measures |
Performance to 30 June 2006 |
| Output: HNZC Monitoring and Purchase Advice |
| Ministerial satisfaction assessed through a structured discussion with the Minister. This will include performance on quality standards agreed with the Minister |
Conversations take place on an ongoing basis and discussions are held at chief executive level. Monitoring and purchase advice provided by the Department for shareholding Ministers included:
- advice on Corporation accountability documents (letter of expectations, quarterly reports, statement of intent)
- administering the income-related rents agreement
- providing purchase advice to the Minister on Corporation funding proposals.
|
Financial Performance
(figures are GST exclusive) |
2006 Actual
$000 |
2006
Main
Estimates
$000 |
2006
Supplementary
Estimates
$000 |
2005
Actual
$000 |
| Revenue - Crown |
386 |
386 |
386 |
393 |
| Revenue - departmental |
9 |
14 |
16 |
6 |
| Revenue - other |
- |
- |
- |
- |
| Total revenue |
395 |
400 |
402 |
399 |
| Total expenses |
389 |
400 |
402 |
361 |
| Net surplus/(deficit) |
6 |
- |
- |
38 |
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