Abbreviations and glossary

ACC

Accident Compensation Corporation

ANZSCO

Australian and New Zealand Standard Classification of Occupations

ASEAN

Association of Southeast Asian Nations

B4B

Better for Business

BAP

Building Advisory Panel

BEFU

Budget Economic and Fiscal Update

BWOF

building warrant of fitness

CCCFA

Credit Contracts and Consumer Finance Act 2003

CERT

Computer Emergency Response Team

CMT

Common Measurements Tool

CORS

Community Organisation Refugee Sponsorship

CXI

Customer Experience Index

DEV

Cabinet Economic Development Committee

DPMC

Department of the Prime Minister and Cabinet

EHF

Edmund Hillary Fellowship

EQC

Earthquake Commission

ERA

Employment Relations Authority

ESOL

English for speakers of other languages

FAP

Financial Assistance Package

FDI

foreign direct investment

FMA

Financial Markets Authority

FTE

full-time equivalent

GCCRS

Greater Christchurch Claims Resolution Service

GCDR

Government Centre for Dispute Resolution

GDP

gross domestic product

GPA

World Trade Organization Agreement on Government Procurement

GPG

Government Property Group

G-REG

Government Regulatory Practice Initiative

GST

goods and services tax

HNZC

Housing New Zealand Corporation

HSW

Health and Safety at Work

HUD

Ministry of Housing and Urban Development

ICT

information and communications technology

IDI

Integrated Data Infrastructure

IEA

International Energy Agency

IPONZ

Intellectual Property Office of New Zealand

IRD

Inland Revenue Department

MCA

multi-category appropriation

MRTEs

Monthly Regional Tourism Estimates

MYA

multi-year appropriation

MVT

motor vehicle trader

NBS

New Building Standard

NDTC

National Driver Training Centre

NEET

not in employment, education or training

NGO

non-governmental organisation

NZ GAAP

New Zealand generally accepted accounting practice

NZBN

New Zealand Business Number

NZGP

New Zealand Government Procurement

NZGPP

New Zealand Government Procurement and Property

NZQF

New Zealand Qualifications Framework

OECD

Organisation for Economic Co-operation and Development

PBE

public benefit entity

PBE FRS

Public Benefit Entities Financial Reporting Standard

PBE IFRS

Public Benefit Entities International Financial Reporting Standard

PBE IPSAS

Public Benefit Entities International Public Sector Accounting Standard

pDEI

potential direct economic impact

PDU

Provincial Development Unit

PGF

Provincial Growth Fund

PLA

permanent legislative authority

R&D

research and development

RBNZ

Reserve Bank of New Zealand

RSE

Recognised Seasonal Employer

RTTA

Residential Tenancies Trust Account

SfTI

Science for Technological Innovation

SLT

Senior Leadership Team

TPES

total primary energy supply

TSO

telecommunications service obligations

UNHCR

United Nations High Commissioner for Refugees

WIP

work in progress

WTO

World Trade Organization

Glossary of terms

Outcome

The outcome describes what we are trying to achieve and what this looks like.

Intermediate outcome

The intermediate outcome describes the outcome in more detail.

Gross domestic product (GDP)

The total value of goods produced and services provided in a country during one year.

Departmental expenses

Expenses incurred by MBIE in delivering services and functions on behalf of the government. Expenses incurred by entities other than MBIE in delivering services and functions on behalf of the government.

Types of expenses:

Output

A term for goods, services or functions purchased by the government. Outputs include policy advice, administration of contracts, and the provision of specific services.

Other expense

A term for operating expenses that are not outputs, such as interest expenses and grants.

Appropriation

An appropriation is a sum of money allocated for a particular use and includes a description of what is being purchased, why it is being purchased and how performance will be assessed. It authorises Ministers to consume public resources, and ensures that Parliament knows how money will be spent and that government is held accountable for the spending.

Types of appropriations

Annual appropriation

This is the most common type of appropriation and is limited to one financial year, consistent with the annual Budget cycle.

MCA – multi-category appropriation

Multi-category appropriations consist of two or more categories of spending within a single appropriation that contribute to the same overarching purpose.

MYA – multi-year appropriation

Multi-year appropriations allow expenses or capital expenditure to be incurred during a specified period of no more than five financial years. MYAs are generally used where uncertainties or dependencies are likely to affect when costs are incurred (eg, milestone payments for a multi-year project).

PLA – permanent legislative authority

Permanent appropriations are authorised by legislation other than an Appropriation Act and continue in effect for an indefinite period. Generally, the authorising legislation will impose limits on the scope of the appropriation and not its amount.

Main Estimates

The Main Estimates are the Government’s approved set of appropriations for a year. They are approved and published before the start of the financial year to which they relate.

Supplementary Estimates

The Supplementary Estimates are the Government’s approved changes to appropriations within a financial year and supersede the information in the Main Estimates for that year.

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