Ministry of Economic Development Home| Contact MED|


 
 
 

Links to this page were:

Section Subnavigation Links:

Treasury Comment


Advancing Economic Transformation

Released by Hon Pete Hodgson, Minister for Economic Development
[ Last Updated 8 November 2007 ]


73. Treasury agrees that all ten of the proposed actions have the potential to contribute to economic transformation. This is a relatively large agenda, and there may be greater impact from focussing effort and resources on a smaller set of actions. Should Ministers wish to pursue a more focussed agenda, in our view the following three actions would have a relatively lower priority than the others (key reasons in brackets):

  • Auckland's waterfront (central government's role is not clear – can be pursued via Auckland's One Plan);
  • Advancing Environmental solutions (less transformative in nature – can be pursued via the Sustainability Deputy Secretaries' Work Programme);
  • Water quality and future demand for fresh water (effect of government action will be at the margins only – can be pursued via the Sustainability Deputy Secretaries' Work Programme).

While there will be further opportunity to consider sequencing and resourcing of all the actions through the Budget process, Ministers may wish to consider now whether they prefer a narrower set of actions to start with.


Back to Top