2020 NZBPT Annual Review

Page 1

2020

ANNUAL REVIEW


THE TRUST PURPOSE & OBJECTIVES The New Zealand Business and Parliament Trust was formed in 1991 to bridge a perceived gap of understanding between Members of Parliament and the business community. The Trust is a non-partisan educational charity, it is not a lobbying organisation. The main objectives of the Trust are:

to enable Members of Parliament to widen their experience in and increase their knowledge of business; to improve the understanding of the Trust’s Corporate members of how government is exercised through Parliament.

These objectives are met through the provision of various means including, Parliamentary Study Programmes (for Corporate members) and Business Study Programme attachments (for Members of Parliament).

GOVERNANCE The Trustee Council comprises the Prime Minister, the Leader of the Opposition, and the leaders or representatives of the other Parliamentary parties. The 52nd Parliament has five parties represented with the Labour party (Government) and the National Party (Opposition) entitled to two representative each. There are six Corporate members elected by the Corporate membership. A Trust Board of four Corporate representatives (seconded from the Trustee Council) and three Parliamentary representatives, also drawn from the Trustee Council, exercises the legal functions and obligations of the Trust. The Speaker of the House acts as President of the Trust. The Chairman is a Corporate representative.

MEMBERSHIP Corporate Membership of the Trust is open to companies and organisations that have the necessary structure to provide Members of Parliament with meaningful study programmes. Associate Membership is open to those Members of Parliament who have successfully completed a Business Study Programme attachment with one of the Trust’s Corporate members. The Trust is financed by subscriptions paid by its Corporate members.


CONTENTS

President’s Message

02

Chairman’s Message

03

Chief Executive’s Report

04

Appendix 1

12

Appendix 2

12

Appendix 3

13

Appendix 4

14

Performance Report

17

Entity Information

18

Statement of Service Performance

20

Statement of Financial Performance

22

Statement of Financial Position

23

Statement of Cash Flows

24

Statement of Accounting Policies

25

Notes to the Performance Report

26

Independent Auditor’s Report

29

Directory and Trust Membership

33

1


PRESIDENT’S MESSAGE I fully appreciate that this year has been anything but normal with the impact of a global pandemic crisis on our country and the very challenging and difficult situation this has created for the business and corporate world. The effects of this crisis will be felt for some time. In these situations, membership of organisations such as the Trust may seem less relevant and or financially difficult, but I am pleased to see the greater number of members retaining their links. The Trust remains in good heart and this is most encouraging. The work and influence of the Trust should not be under-estimated. Two key pillars of this organisation are its parliamentary seminar programme and business attachment programme. The seminars provide the opportunity to look at democracy in this country and to hear from those who are at the heart of it. It allows a wide range of staff from within the different corporates to better understand their country’s government and parliamentary processes. On the flip side, the business attachment programmes give Members of Parliament the unique opportunity to learn about business. It is critical to retain this privileged access in order that parliamentarians may have the chance to learn at first hand, the opportunities, pressures and issues that businesses are faced with in running their companies and organisations. The challenges presented by COVID-19 make this connection even more important. I would like to thank the Chairman, Peter Griffiths, members of the Trust Board and the Secretariat, for the work they undertake on behalf of our Corporate members and Members of Parliament.

Rt Hon Trevor Mallard Speaker

2


CHAIRMAN’S MESSAGE Trust Operations Like so many other organisations the Trust has been impacted by COVID-19, Notwithstanding the disruption caused by the virus and 2020 being a General Election year, we were still able to reschedule and deliver two parliamentary seminars. I would like to gratefully acknowledge both our presenters and the corporate members who permitted their staff to attend these sessions during those challenging times. The work of the Trust through its parliamentary seminar programme, plays an important role, enabling corporate members to increase their staff’s understanding of our country’s government and parliamentary processes and it was encouraging that we were able to maintain the momentum before the dissolution of parliament in September and in between lockdowns! Our tertiary funding program was further expanded during the year in review and we are pleased to announce that James Heath is the inaugural recipient of the University of Otago prize, Kiri Picard, the inaugural recipient of the University of Auckland prize and Phoebe Slee inaugural recipient of the University of Waikato prize. Eilish Espiner, the 2019 recipient from the University of Canterbury and James Heath were both able to join us at our second parliamentary seminar and we look forwarded to welcoming our other recipients to seminars in 2021. During the year the Trust moved to a new accounting package with Munro Benge Chartered Accountants commencing as the Trust’s accountants in January, The Secretariat has also seen an IT upgrade with the added ability of working remotely. The website is also receiving a further upgrade. Trustee Council and Board There have been a number of people changes At the Annual Meeting, Gretta Stephens from New Zealand Steel Ltd was re-elected for a further term of three years. Simon MacKenzie from Vector Limited stood down and was replaced by Guy Waipara, General Manager Generation & Natural Resources from Meridian Energy. Hon Simon Bridges MP resigned from the Trustee Council in May and was replaced by Todd Mullar MP who subsequently resigned in July. We were pleased to welcome the Hon Judith Collins MP as a Trustee in the same month. Trustees leaving at the General Election were Clayton Mitchell (NZ First) who was also a Board member representing ‘Other Parties’ in the Parliament and Gareth Hughes of the Green Party Aotearoa New Zealand.

I am pleased to be able to report that, following the General Election, Dr Deborah Russell MP and Tim van de Molen MP have remained members on the Trustee Council and Board. Ricardo Menéndez March MP will represent the Green Party Aotearoa New Zealand and Brooke van Velden MP for ACT New Zealand, on the Trustee Council. New Corporates Trust membership has now reached 70 with four new corporate members having joined us during the year. I welcome back Microsoft Corporation together with Synlait Milk Limited, the Guardians of New Zealand Superannuation and Kiwi Property Group Limited. Membership of the Trust is much sought after and all our corporates members are encouraged to take full advantage of their membership by hosting Business Attachment programmes when requested and ensuring their staff are regularly participating in the parliamentary seminars. Acknowledgements The contribution our Corporate members make to the Trust and its activities is significant and your on-going support is essential for the continued operation of the Trust. I wish to place on record the Board’s appreciation of those Ministers, parliamentarians, staff of the Cabinet Office, Ministerial offices, Office of the Clerk, the Labour Leader’s Office, the Ministry of Education and the Parliamentary Press Gallery, who gave freely of their time to speak at one of our two seminars in July and August. The contribution you make is highly valued by our corporate attendees. My thanks also to the Rt Hon Trevor Mallard, Speaker of the House of Representatives who acts as the President of the Trust in hosting our parliamentary seminars and events and ensuring our continued presence in the Parliamentary complex; and to my colleagues on the Trust Board for their valued input and support. To the Trust Secretariat, thank you for your efforts in somewhat challenging circumstances over the past year.

Peter Griffiths Chairman 3


CHIEF EXECUTIVE’S REPORT I am pleased to provide the 29th review of the business and activities of the Trust to the year ending 31 December 2020.

COVID-19 COVID-19 impacted on the Trust’s operations. Parliamentary seminars, members events and Business Attachment programmes were all initially suspended. Two of three Parliamentary seminars were rescheduled and held in between lock downs and the Dissolution of the 52nd Parliament and we managed to hold a Stakeholders function in December before Parliament rose for the year. The Board held a virtual meeting immediately following the first lockdown to assess the likely impact on Trust membership and operations and at the August Board meeting, approved a process for corporate members impacted by COVID -19. Overall, the Trust has fared well. The Board acknowledges the loyalty of its corporate members through the support given to the two parliamentary seminars and through renewing their membership at the end of 2020.

2020 ANNUAL GENERAL MEETING The Trust’s 28th Annual General Meeting was held at Parliament on 29 July 2020. Working within the ‘new normal’ our corporate members and associate members were given the choice of attending either in person or via Zoom. The Rt Hon Trevor Mallard MP, Speaker of the House of Representatives, presided as President of the Trust and Peter Griffiths chaired the meeting. The meeting ratified changes to the corporate membership of the Trustee Council and Board as outlined in the Chairman’s message and adopted the Annual Report in addition to an update on COVID-19 impact on Trust operations. Gretta Stephens, Chief Executive of New Zealand Steel Limited was re- elected for a further term of three years. Guy Waipara, General Manager Generation & Natural Resources from Meridian Energy was elected to the Trustee Council replacing Simon Mackenzie who was standing down at the conclusion of his term.

The result is that the Trust will move into 2021 in good shape which was not how the initial scenario was looking following the first lockdown.

Gretta Stephens, Chief Executive, NZ Steel re-elected at the AGM for a further term

4

Ricardo Menéndez March MP appointed as the Green Party of Aotearoa New Zealand member on the Trustee Council with Nancy McConnell, Deputy Chair


Darryl Stevens, Jennifer Nolan (Rio Tinto), Nancy McConnell (NZBPT Deputy Chair|Hawkins), Raewyn Moss (Transpower) and Stewart Hamilton (Rio Tinto)

TRUST MEMBERSHIP NEW CORPORATE MEMBERS The Trust’s Corporate membership stands at 70 members as at 31 December 2020. This year we welcomed 4 new Corporate Members:

Darryl Stevens with Hon Stan Rodger, a former parliamentarian who was visiting Parliament as a guest of the Speaker

Microsoft Corporation (re-joining) Synlait Milk Limited Guardians of New Zealand Superannuation Kiwi Property Group Limited The resignations of DB Breweries, Refining New Zealand, OMV Limited, and Vodafone New Zealand Limited all took effect from 31 December 2020.

ASSOCIATE MEMBERS There were no new Associate Member appointments in 2020. Nine Associate members retired from politics at the General Election. A further 11 associate members were not returned to Parliament following the General Election. At the commencement of the 53rd Parliament the Trust has 42 Associate members. Kim Ellwood (Landcorp), Peter Griffiths (NZBPT Chair), Jody Bowman (Landcorp) and Shannan Lynds (Landcorp)

5


PROGRAMMES PARLIAMENTARY SEMINARS Parliamentary Seminars are central to the Trust’s purpose in creating a learning environment whereby representatives and employees of our corporate members can come to Parliament and be addressed by Ministers, parliamentarians and officials operating at the core of our parliamentary and executive government systems. This year we hosted 2 seminars attended by a total of 45 participants from 30 corporates and 3 tertiary prize recipients. A full list of corporate attendees is given at Appendix 2 and seminar speakers is given at Appendix 3 Seminar attendees were equally appreciative that so many of our Members of Parliament and in particular Associate Members were able to attend the seminar lunch that precedes Question Time in the House, giving them the opportunity to speak informally with parliamentarians.

SOME OF THE COMMENTS RECEIVED FROM ATTENDEES AT THIS YEAR’S SEMINARS WERE: SEMINAR 1 “Very good range of topics and speakers. Broad based but not shallow. Introductory nut also very interesting.” “Excellent and informative seminar content. Great to hear all the questions coming through. Networking was great, MPs at lunch and observing Question Time – brilliant!” “Great day, high calibre of speakers, well organised.”

SEMINAR 2 “Good spread of information and I learned quite a few new things” “Overall fantastic seminar- very interesting, entertaining and informative. No complaints.” “Another excellent seminar, I am very pleased to have attended. It was an excellent complement to the first seminar” Volunteers at the Select Committee mock training session

Select Committee session – Machinery of Government seminar

6


BUSINESS ATTACHMENT PROGRAMMES Two Members of Parliament completed Business Attachments in this reporting period. Fletcher Tabuteau MP (NZ First) completed the final part of a Business Attachment programme with Deloitte Limited at the company’s Rotorua Regional Office before COVID-19 lockdown. Simeon Brown MP (National) completed an Attachment with Foodstuffs which was started in the 52nd Parliament and completed following the General Election. Louisa Wall MP had been accepted to undertake an Attachment with Coco Cola Amatil and Tim van De Molen MP had undertaken preliminary discussions with Air New Zealand. Both Attachments were cancelled as a direct result of COVID-19. We acknowledge and warmly thank the above companies for agreeing to host Members of Parliament. Exercising Government through Parliament seminar attendees

Rachel Clark, Dept. Prime Minister & Cabinet, addressing the Machinery of Government seminar in the Banquet Hall

7


SEMINAR SPEAKERS

THE TRUST IS PRIVILEGED TO BE ABLE TO CALL ON A WIDE RANGE OF PARLIAMENTARIANS AND OFFICIALS WITHIN DEPTH KNOWLEDGE ON THE WORKINGS OF PARLIAMENT AND GOVERNMENT.

Speaker of the House, Rt Hon Trevor Mallard MP, speaking at the Exercising Government through Parliament seminar

Rt Hon Winston Peters, Deputy Prime Minister

Hon Jacqui Dean MP

Michael Woods MP Chief Government Whip & Barbara Kuriger MP Snr Opposition Whip

8

Rob Salmond, Director, Labour Leaders’ Office

Suzanne Townsend, Senior Policy Manager, Ministry of Education


EDUCATION PRIZES IN POLITICS The Trust’s policy of 2018 seeking an inclusive approach to recognizing more universities was realised this year with four universities now fully engaged in awarding prizes in politics. Each prize is valued at $1,500.

under sustainable development through the lens of empathy, animal rights and ecofeminism.

James Heath, Otago University Students’ Association President in 2019 was named the inaugural recipient of the University of Otago prize in politics.

The University of Auckland has named Kiri Picard as their inaugural recipient. Kiri received an A+ for her dissertation entitled The Treaty of Waitangi Settlement process: Empowering Māori development or reinforcing the Crown’s dominance.

The Trust’s prize is awarded by the University Council on the recommendation of the Head of Politics to a student enrolled in the Master of Politics programme who is engaged in research into the role of the New Zealand Parliament in governance, policymaking and the wider community.

The University of Waikato has named Pheobe Slee, a graduate with a Bachelor of Social Sciences with honours in Politics as the inaugural recipient of the Waikato prize. A feature of the new prizes is that winners are invited to Wellington to either participate in a parliamentary seminar or have engagement with the Trust.

Our partnership with the University of Canterbury continues with Eilish Espiner becoming the second Prize recipient. Eilish completed a Master of Policy and Governance with distinction at the end of 2019. Her thesis provided a critique of the global food system

Both James Heath and Eilish Espiner attended our second parliamentary seminar where they received their awards from the Chair of the Board in the presence of Corporate and Associate members. Kiri Picard and Pheobe Slee will attend parliamentary seminars in 2021.

Eilish Espiner, University of Canterbury and James Heath, University of Otago

9


EDUCATION

Travel fund assistance for school visits to Parliament

TRAVEL FUND ASSISTANCE FOR SCHOOL VISITS TO PARLIAMENT School Visits to Parliament were significantly affected with changing Alert levels and while some of the schools receiving funding through the Trust were able to reschedule their visits to Parliament, others had no option but to cancel their visits. Bay of Plenty Year 9 students found the visit to Parliament both educational and inspiring. They were very fortunate that their Member of Parliament for Northland, Willow- Jean Prime took time out of her very busy schedule to come and see them and they appreciated their guide who was caring and amazing in showing the students how parliament works. A full list of those schools receiving grants from the Trust are listed at Appendix 4. James Heath, University of Otago prize recipient attending the Machinery of Government seminar

10


SECRETARIAT NEW ACCOUNTANT Munro Benge Chartered Accountants Ltd [Shanan McKeown, Director] commenced duties as the Trust’s new accountants in January. A complete review of financial servicing and various upgrades has been undertaken resulting in the Trust financial systems moving to XERO accounting software. Some aspects of the financial servicing have now been brought in-house. FINANCIAL SERVICES As a result of internal changes at Westpac, we have lost our Business Banking advisor Audrey Chan who was always on hand to provide expert advice to the Board and Secretariat. The Trust will now be serviced by the Bank’s Small Business and Client Service teams. I wish to place on record our appreciation to Audrey for her excellent assistance and support to the Trust over a number of years. NEW WEBSITE HOST Sparks Interactive Limited have been engaged as the new website host. As a result of ongoing technical issues, the decision was taken to redevelop the site on Drupal 8 which was identified as the best value for money option. The

revised website is planned to go live in the first quarter of 2021. We continue to develop our social media presence with Facebook and LinkedIn. COMMS INTERN Liam Davies, a third-year media and marketing student at Massey University joined the Secretariat in May as our second COMMS Intern. Although a somewhat disruptive year, Liam worked on social media, a new publication on our corporate members for use by new MPs and concluded his internship by sharing a communications plan with the Board. IT UPGRADE An IT upgrade had been planned for this year. While COVID -19 delayed the procurement process, by the middle of the year we had retired existing office equipment and upgraded our systems to include the purchase of new laptops, moving Trust files and records into the Cloud and giving the Secretariat the ability to work remotely, if required.

THANK YOU Firstly, I wish to acknowledge and thank the Speaker of the House of Representatives, Ministers and Members of Parliament who generously undertake speaking engagements informing our corporate members on Parliament and government and those Parliamentarians who attend our parliamentary seminar lunches and network with corporate attendees. The Trust could not achieve its key purpose without your active support and engagement. Second, I would like to record my thanks to the Speaker’s Office, Office of the Clerk, Cabinet Office, Parliamentary Press Gallery and the Parliamentary Service staff for their assistance and support throughout the year. The Trust relies heavily on you all to help us achieve our mission.

Finally, personal thanks to my colleagues Vasoula Kappatos, Tassie Wong and Liam Davies for their contribution to the work of the Trust during a pandemic crisis with challenges not previously encountered. The Secretariat has proved that it is robust in managing the ‘new normal’.

Darryl M Stevens MNZM Chief Executive

Thank you too to our Corporate Liaison officers, for promoting the parliamentary seminars to your company colleagues and coordinating nomination of staff wishing to attend.

11


APPENDIX 1 - 3 APPENDIX 1 2020 CALENDAR AND PROGRAMME OF EVENTS Trust Board Meeting 1

4 March

Trust Board Meeting 2 (teleconference)

13 May

Trust Board Meeting 3

29 July

Trust Board Meeting 4

11 December

Parliamentary Seminar 1 - Exercising Government through Parliament

1 July

Annual General Meeting

29 July

Parliamentary Seminar 2 - Machinery of Government and Parliament - Taking a Closer Look

4 August

Associate Members & Stakeholders Christmas drinks - 29th Anniversary of the Trust

11 December

THE FOLLOWING EVENTS WERE CANCELLED AS A DIRECT RESULT OF COVID-19 MPs Business Away Day hosted by Meridian Energy President’s Dinner Networking Event – Auckland

APPENDIX 2 CORPORATE ATTENDEES PARLIAMENTARY SEMINAR 1 - 1 JULY Kewal Bagal

PowerNet Limited

Samantha Barrington Todd Energy

12

John Bright

Mercury NZ Ltd

Adam Brown

Downer (NZ) Ltd

Rachel Brown

Meridian Energy

Jo Christie

Mercury NZ Ltd

Emily Devaney

Russell McVeagh

Simon Dombroski

Z Energy

Lawrence Elliott

Landcorp [Pāmu Farms New Zealand]

Fady Girgis

Russell McVeagh

Wayne Gunn

Downer (NZ) Ltd

Toby Hanson

Sanofi New Zealand Ltd

Keith Hutchinson

NZ Post Group

Matthew Johnson

Landcorp [Pāmu Farms New Zealand]

Richard Langley

Todd Energy

Hannah Lynch

Synlait Milk Limited

Jessica Kikstra

University of Canterbury Politics Prize recipient

Anna McGregor

Southern Cross Healthcare

Kate Morrissey

Lotto NZ

Andrew Mumford

St John

Richard Norris

Z Energy

Jared Poppelbaum

Merck Sharp & Dohme (NZ) Ltd

Jocelyn Raffills

Todd Energy

Sue Steen

St John

Olivia Taylor

Foodstuffs

Toni Taufale

Westpac

Josh Trlin

Russell McVeagh

Lee Anne Van Winkel St John Kate Wilkinson

Airways Corporation

Dion Williams

PowerNet Limited


PARLIAMENTARY SEMINAR 2 - 4 AUGUST Dan Balasoglou

Lotto NZ

Joanne Mahon

Southern Cross

Matt Ball

Ports of Auckland Ltd

Kate Morrissey

Lotto NZ

Stu Barraclough

Todd Energy

Alice Paine

NZ Post Group

Kathryn Broomfield

Landcorp [Pāmu Farms New Zealand]

Jared Poppelbaum

Merck Sharp & Dohme (NZ) Ltd

Jo Christie

Mercury NZ Ltd

Danielle Street

Merck Sharp & Dohme (NZ) Ltd

Don Drummond

Deloitte

Josh Trlin

Russell McVeagh

Eilish Espiner

University of Canterbury Politics Prize Recipient

Sarita Von Afehlt

Abbvie Limited

Fady Girgis

Russell McVeagh

Sam Williams

Willis Bond & Co

Louise Griffin

Genesis Energy

Megan Wiltshire

St John

Keith Hutchinson

NZ Post Group

Marie Winfield

Lotto NZ

James Heath

University of Otago Politics Prize recipient

Sam Winstanley

Air New Zealand Limited

Richard Langley

Todd Energy

James Young

Airways Corporation

Shannon Lynds

Landcorp [Pāmu Farms New Zealand]

APPENDIX 3 PARLIAMENTARY SEMINAR SPEAKERS FOR 2020 EXERCISING GOVERNMENT THROUGH PARLIAMENT SPEAKERS Rt Hon Trevor Mallard MP

Speaker of the House of Representatives

David Wilson

Clerk of the House

Michael Wood MP

Chief Government Whip, Member for Mt Roskill

Barbara Kuriger MP

Snr Opposition Whip, Member for Taranaki - King Country

Hon Jacqui Dean MP

Member for Waitaki

Todd Muller MP

Member for Bay of Plenty

Rt Hon Winston Peters MP

Party Leader, NZ First, List Member

Tova O’Brien

News hub Political Editor – Parliamentary Press Gallery

Gareth Hughes MP

Green Party List Member

Hon Damien O’Connor

Minister for Agriculture, Biosecurity, Food Safety, Rural Communities and Minister of State Trade and Export Growth, Member for West Coast -Tasman

Kieran McAnulty MP

Labour Party List Member

Agnes Loheni MP

National Party List Member - Auckland

MACHINERY OF GOVERNMENT AND PARLIAMENT - TAKING A CLOSER LOOK Rt Hon Trevor Mallard MP

Speaker of the House of Representatives

Rachel Clarke

Senior Advisor (Secretariat Team) DPMC

Rob Salmond

Director, Labour Leaders Office

Pavan Sharma

Manager Policy & Legal, Office of the Clerk

Alicia Sudden

Ministerial Advisor to Hon Carmel Sepuloni

Peter Stevens

Press Secretary to Hon Kris Faafoi

Suzanne Townsend

Senior Policy Manager, Ministry of Education

Gabor Hellyer

Committee Clerk, Select Committees, Office of the Clerk 13


APPENDIX 4 APPENDIX 4 TRAVEL FUND ASSISTANCE FOR SCHOOL VISITS TO PARLIAMENT 2021 SCHOOL

LOCATION

Bay of Islands College

Kawakawa, Northland

2,300

Brunswick School

Whanganui

1,120

Egmont Village School

Inglewood

1,280

Elsthorpe School

Hawkes Bay

Gisborne Girls’ High School

Gisborne

Havelock School

Marlborough

Holy Family Catholic School

Wanaka

James Cook School

Marton, Rangitikei

800

Kairanga School

Manawatu

725

Kamo Intermediate School

Whangarei

3,000

Kirkwood Intermediate School

Christchurch

1,500

Lawrence Area School

Otago

600

Limehills School

Otago

2,640

Lincoln Heights School

Waitakere City, Auckland

1,680

Lyttleton School

Christchurch

1,080

Manukura School

Palmerston North

750

Marotiri School

Mangakino, Taupo

1,040

Matakohe School

Northland

Melville Intermediate School*

Hamilton

1,320

Our Lady of Victories School

Christchurch

1,320

Paraparaumu College

Kapiti Coast

Poolburn School

Central Otago

Puketapu School

Hawkes Bay

840

Roslyn Primary

Palmerston North

550

St Joseph’s School

Queenstown

2,700

St Joseph’s Catholic School

Whakatane

1,920

St Matthew’s School

Marton, Rangitikei

St Patrick’s School*

Greymouth

1,920

South Westland Area School

Hari Hari, West Coast

1,500

Tangiteroria School

Northland

Tauranga Girls’ College

Tauranga

Waimarama School

Havelock North

Waikaremoana School

Wairoa

Waiotira School*

Northland

900

Waitara East School

New Plymouth

720

* Withdrawn due to COVID -19 14

$ GRANT

800 1,800 350 2,500

880

750 2,200

800

700 1,200 80 1,280


15


16


PERFORMANCE REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 17


NEW ZEALAND BUSINESS AND PARLIAMENT TRUST ENTITY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2020

LEGAL NAME OF ENTITY

New Zealand Business and Parliament Trust.

TYPE OF ENTITY AND LEGAL BASIS New Zealand Business and Parliament Trust is incorporated under the Charitable Trusts Act 1957 and is registered with the Charities Commission. The Registration Number is CC43956. AUDITOR

Grant Thornton New Zealand Audit Limited.

BANKER

Westpac New Zealand Limited.

SOLICITOR

Russell McVeagh.

ACCOUNTANT

Munro Benge Chartered Accountants Limited.

ENTITY’S PURPOSE OR MISSION To advance and encourage understanding and goodwill between the business community of New Zealand and Parliamentarians.

ENTITY STRUCTURE The New Zealand Business and Parliament Trust (“the trust”) is a Trust focused on supporting business, economic and educational activities in New Zealand. It is also a registered charity. The Trust is governed by a Board of Trustees comprising four members of the Trustee Council who are subscribing Corporate members of the Trust, and three members of the Trustee Council who are Members of Parliament. The Trustee Council is composed of six subscribing corporate members and representatives from each of the political parties represented in the House of Representatives. The Board meets four times per year and must also convene an Annual General Meeting. The Trust’s operations are managed by a team of three part-time paid employees - the Chief Executive, an Executive Assistant (Programmes & Administration), and an Administration Assistant (Events).

18


MAIN SOURCES OF THE ENTITY’S CASH AND RESOURCES

The New Zealand Business & Parliament Trust’s primary source of funding is through receipt of membership income. The Trust also receives interest income on bank balances held by it.

PHYSICAL ADDRESS

Parliament Buildings, 1 Molesworth Street, Wellington, 6011.

POSTAL ADDRESS

office@nzbpt.nz, Private Bag 18041, Parliament Buildings, Wellington, New Zealand, 6160.

19


NEW ZEALAND BUSINESS & PARLIAMENT TRUST STATEMENT OF SERVICE PERFORMANCE FOR THE YEAR ENDED 31 DECEMBER 2020

DESCRIPTION OF THE ENTITY’S OUTCOMES

The strategic objectives and outcomes of the New Zealand Business and Parliament Trust include: advancing and encouraging understanding and goodwill between the business community of New Zealand and Parliamentarians; widening the experience of Parliamentarians in their knowledge of the business community and improving the understanding within the business community of the issues facing Parliament; advancing and encouraging public education or other charitable purposes beneficial to the community in connection with the work of Parliament.

OUTCOMES AND MEASURES OF QUALITY AND OBJECTIVES IN RESPECT TO DELIVERY

ACTUAL

BUDGET

ACTUAL

2020

2020

2019

Parliamentary Seminars (for Corporate members) Exercising Government through Parliament Machinery of Government & Parliament ++ Select Committee Seminars

1 1 Nil

2 1 Nil

2 2 Nil

Activities specific to MPs Business Study Programme attachments (for MPs) Attachments confirmed / offered Attachments completed Attachments cancelled / lapsed Attachments still to be completed Business Away Day Visit (for MPs)

6 2 4 Nil Nil

* * * * 1

16 11 2 3 Nil

Nil Nil

1 2

1 1

Nil 1

Nil 2

Nil Nil

4

4

1

35 583 39 4

# # # -

48 1,034 69 N/A

Activities open to Corporate Members and MPs “Business Overview” events for Corporate members and MPs “President’s Dinners” for CEOs and senior leadership team members of the Trust’s Corporate membership ^New Members’ Function Members Network / Stakeholders Functions Education Provision of tertiary Trust Study Prizes Travel assistance for schools visiting Parliament Number of schools assisted Number if students assisted Number of parents / caregivers assisted Number of Schools Cancelled relating to COVID-19

NOTES

20

(*) It is not possible to estimate how many Members of Parliament might undertake an attachment in any one year or how long it may take to complete an attachment. (@) 4 Universities are now offering Trust Prizes in Politics funded through the Trust. ++ Select Committee Seminars have been replaced by Machinery of Government & Parliament seminars. (#) It is not possible to estimate how many schools might apply for travel assistance funding. ^ New Members Function – only one is held per parliamentary term following a General Election.


ADDITIONAL OUTPUT MEASURES

For the Parliamentary Seminars, participants are presented with a survey form seeking their comments on specific elements of the day’s programme. The survey results are presented to the Trust Board for their information.

21


NEW ZEALAND BUSINESS & PARLIAMENT TRUST STATEMENT OF FINANCIAL PERFORMANCE FOR THE YEAR ENDED 31 DECEMBER 2020

REVENUE

NOTES

2020

2019

$

$

Revenue from providing goods or services

1

306,477

320,653

Interest, dividends and other investment revenue

1

10,422

18,350

316,898

339,004

Total Revenue

EXPENSES

Volunteer and employee related costs

2

173,899

170,352

Costs related to providing goods or service

2

89,278

183,292

Other expenses

2

45,624

24,480

308,800

378,124

8,098

(39,120)

Total Expenses Surplus/(Deficit) for the Year

The accompanying notes form part of this Performance Report. Please refer to the independent audit report.

22


NEW ZEALAND BUSINESS & PARLIAMENT TRUST STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2020

ASSETS

NOTES

31 DEC 2020

31 DEC 2019

$

$

50,096

38,400

369,851

369,565

Debtors and prepayments

1,920

5,750

Accrued interest

1,502

8,755

GST receivable

2,772

2,790

426,140

425,261

Current Assets Bank accounts and cash Deposits

Total Current Assets Non - Current Assets Property, Plant and Equipment

3

10,255

3,593

Intangible Assets

4

12,518

16,610

Investments

50,000

50,000

Total Non - Current Assets

72,773

70,203

498,913

495,464

Creditors and accrued expenses

13,205

23,378

Employee costs payable

18,679

13,929

892

118

Total Current Liabilities

32,776

37,425

Total Liabilities

32,776

37,425

466,137

458,040

346,137

338,040

120,000

120,000

466,137

458,040

Total Assets Current Liabilities

Other current liabilities

Total Assets less Total Liabilities (Net Assets) Accumulated Funds Retained earnings / Accumulated funds 5

Reserves Total Accumulated Funds

28 April 2021 Signed

Peter Griffiths

Date

28 April 2021 Signed

Darryl Stevens MNZM

Date

23


NEW ZEALAND BUSINESS & PARLIAMENT TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2020

INCREASE (DECREASE) IN CASH

2020

2019

$

$

311,476

315,653

17,675

17,424

-

-

(509)

1,855

(266,887)

(294,602)

(40,285)

(61,889)

21,469

(21,559)

-

-

(9,488)

(20,460)

-

-

(285)

30,435

-

-

Total Cash Flows from Investing and Financing Activities

(9,774)

9,975

Total Increase (Decrease) in Cash

11,695

(11,584)

Cash and cash equivalents at end of period

50,096

38,400

Add cash and cash equivalents at beginning of period

38,400

49,984

Net change in cash for period

11,696

11,584

Cash Flows from Operating Activities Fees, subscriptions and other receipts from members Interest, dividends and other investment receipts Other Income GST Payments to suppliers and employees Donations or grants paid Total Cash Flows from Operating Activities Cash Flows from Investing and Financing Activities Receipts from sale of investments Payments to acquire property, plant and equipment Acquisition of intangible assets Payments to purchase / sale investments Cash Flows from other investing and financing activities

Cash Balances

The accompanying notes form part of this Performance Report. Please refer to the independent audit report.

24


NEW ZEALAND BUSINESS & PARLIAMENT TRUST STATEMENT OF ACCOUNTING POLICIES FOR THE YEAR ENDED 31 DECEMBER 2020

‘How did we do our accounting? ’

PROPERTY, PLANT AND EQUIPMENT

BASIS OF PREPARATION

Property, plant and equipment are shown at cost or valuation less any accumulated depreciation and impairment losses.

The entity has elected to apply PBE SFR-A (NFP) Public Benefit Entity Simple Format Reporting - Accrual (Not-For-Profit) on the basis that it does not have public accountability and has total annual expenses equal to or less than $2,000,000. All transactions in the Performance Report are reported using the accrual basis of accounting. The Performance Report is prepared under the assumption that the entity will continue to operate in the foreseeable future.

REVENUE Revenue is accounted for as follows: Membership Fees Fees and subscriptions receive in exchange or monthly access to member’s facilities are initially recorded as income in advance and recognised in revenue evenly over the membership period. Interest and dividend income Interest is recognised on an accrual basis.

GOODS AND SERVICES TAX (GST) The entity is registered for GST. All amounts are stated exclusive of goods and services tax (GST) except for accounts payable and accounts receivable which are stated inclusive of GST.

INCOME TAX NZ Business & Parliament Trust is wholly exempt from New Zealand income tax having fully complied with all statutory conditions for these exemptions.

BANK ACCOUNTS AND CASH Bank accounts and cash in the Statement of Cash Flows comprise cash balances and bank balances (including short term deposits) with original maturities of 90 days or less.

INVESTMENTS Investments are recorded at cost.

Depreciation Depreciation is provided on a straight-line basis on all property, plant and equipment, at rates that will write off the cost of the assets to their estimated residual values over their useful lives. The depreciation rates and useful lives associated with major classes of assets have been estimated as follows: Office equipment : 5 years Intangible Assets The Trust has elected to adopt the Tier 2 standard PBE IPSAS 31 Intangible Assets in relation to the capitalisation of the costs incurred in the development of the website. Intangible assets acquired by the Trust, which finite useful lives, are measured at cost less accumulated amortisation and any impairment losses. Acquired website development costs are capitalised on the basis of the costs incurred to acquire and develop the website. Amortisation Intangible assets are amortised on a straight-line basis over the estimated useful life of the asset, from the date they are available for use and reported within the surplus or deficit for the year. The following amortisation rates have been applied: Website : 20% SL

EMPLOYEE COSTS Employee entitlements are measured at undiscounted nominal values based on accrued entitlements at current rates of pay. These include annual leave earned but not taken at balance date. The Trust recognises a liability and an expense for bonuses it is contractually obliged to pay, or where a past event has created a constructive obligation.

CHANGES IN ACCOUNTING POLICIES There have been no changes in accounting policies. Policies have been applied on a consistent basis with those of the previous reporting period.

25


NEW ZEALAND BUSINESS & PARLIAMENT TRUST NOTES TO THE PERFORMANCE REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

NOTE 1 – ANALYSIS OF REVENUE

2020

2019

$

$

314,500

320,653

(8,023)

-

306,477

320,653

Interest Income

10,422

18,350

Total Interest, dividends and other investment revenue

10,422

18,350

2020

2019

$

$

Secretariat

173,899

170,352

Total Volunteer and employee related costs

173,899

170,352

Brochures, Annual Review and Newsletters

35,282

80,224

Business and Parliamentary study programmes

10,362

28,902

School Travel Funding

38,365

61,889

Special Events

2,268

12,277

Study Fund Expenditure

3,000

-

89,278

183,292

Revenue from providing goods or services Subscriptions Subscriptions Written Off Total Revenue from providing goods or services Interest, dividends and other investment revenue

NOTE 2 - ANALYSIS OF EXPENSES Volunteer and employee related costs

Costs related to providing goods or services

Total Costs related to providing goods or services Other expenses General Expenses

570

3,362

Rent

5,333

5,333

Amortisation - Website

4,092

3,850

Depreciation

2,826

-

Professional Fees

26

21,845

24,671

Stationery & Postage

4,974

4,252

Telephone & Communications

3,199

2,924

Travel & Accommodation

1,099

547

Insurance

1,010

-

Website & Social Media

675

(20,460)

Total Other expenses

45,624

24,480


NOTE 3 - PROPERTY, PLANT AND EQUIPMENT

2020

2019

$

$

Furniture and fittings owned

17,692

12,193

Accumulated depreciation - furniture and fittings owned

(7,437)

(8,600)

Total Furniture and Fittings

10,255

3,593

Total Property, Plant and Equipment

10,255

3,593

Opening Value

3,593

5,233

Additions

9,488

-

Furniture and Fittings

RECONCILIATION OF BOOK VALUE Furniture & Fittings

-

-

Depreciation

(2,826)

(1,640)

Total Furniture & Fittings

10,255

3,593

2020

2019

$

$

Cost

20,460

20,460

Accumulated Amortisation

(7,942)

(3,850)

Total Website

12,518

16,610

Total Intangible Assets

12,518

16,610

16,610

-

Additions

-

20,460

Disposal

-

-

Disposals

NOTE 4 - INTANGIBLE ASSETS Website

RECONCILIATION OF BOOK VALUE Website Opening Value

Amortisation

(4,092)

(3,850)

Total Website

12,518

16,610

2020

2019

$

$

346,137

338,040

Study Fund Reserves

120,000

120,000

Total Reserves

120,000

120,000

Total Accumulated Funds

466,137

458,040

NOTE 5 - ACCUMULATED FUNDS Accumulated Funds Reserves

27


NEW ZEALAND BUSINESS & PARLIAMENT TRUST NOTES TO THE PERFORMANCE REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

NOTE 6 - BREAKDOWN OF RESERVES Reserves

2020

2019

$

$

120,000

120,000

NOTE 7 - SIGNIFICANT DONATED ASSETS - NOT RECORDED The Trust has not received any significant donated assets during the course of the year (2019: None)

NOTE 8 - COMMITMENTS AND CONTINGENCIES There were no commitments or contingencies as at 31 December 2020 (2019: None)

NOTE 9 - RELATED PARTY TRANSACTIONS

2020 $ VALUE OF

2019 $ VALUE OF

2020 $ VALUE OF

TRANSACTIONS

TRANSACTIONS

OUTSTANDING

OUTSTANDING

Description of Related Party Relationship

Description of the Transaction (whether in cash or amount in kind)

Amounts paid to the Chairman

The Trust Board agreed (and ratified at the AGM on 10 April 2013) that the Chairman would receive an honorarium of $15,000 per annum, if requested

0

0

0

0

The Chairman also receives $1,200 in Chairman’s disbursements, if requested

0

0

0

0

The other Trustees do not receive any funds

0

0

0

0

The current Chair has indicated he does not wish to receive the Honorarium, nor funds for disbursements.

28

2019 $ VALUE OF


INDEPENDENT AUDITOR’S REPORT

Audit Grant Thornton New Zealand Audit Limited L15 Grant Thornton House 215 Lambton Quay PO Box 10712 Wellington 6143 T +64 (0) 4 474 8500 F +64 (0) 4 474 8509 www.grantthornton.co.nz

TO THE MEMBERS OF THE NEW ZEALAND BUSINESS & PARLIAMENT TRUST : REPORT ON THE PERFORMANCE REPORT

OPINION We have audited the performance report of New Zealand Business and Parliament Trust (the “Trust”) on pages 18 to 28, which comprises the entity information, the statement of service performance, the statement of financial performance and statement of cash flows for the year ended 31 December 2020, the statement of financial position as at 31 December 2020, and notes to the financial statements, including a summary of significant accounting policies and other explanatory information. In our opinion: a) the reported outcomes and outputs, and quantification of the outputs to the extent practicable, in the statement of service performance are suitable; b) the accompanying performance report presents fairly, in all material respects: the entity information for the year then ended; the service performance for the year then ended; and the financial position of the Trust as at 31 December 2020 and its financial performance, and cash flows for the year then ended in accordance with Public Benefit Entity Simple Format Reporting – Accrual (Not-ForProfit) issued in New Zealand by the New Zealand Accounting Standards Board.

BASIS FOR OPINION We conducted our audit of the statement of financial performance, statement of financial position, statement of cash flows, statement of accounting policies and notes to the performance report in accordance with International Standards on Auditing (New Zealand) (ISAs (NZ)), and the audit of the entity information and statement of service performance in accordance with the International Standard on Assurance Engagements (New Zealand) ISAE (NZ) 3000 (Revised). Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Performance Report section of our report. We are independent of Trust in accordance with Professional and Ethical Standard 1 International Code of Ethics for Assurance Practitioners (including International Independence Standards) (New Zealand) issued by the New Zealand Auditing and Assurance Standards Board, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Other than in our capacity as auditor we have no relationship with, or interests in, the Trust.

Chartered Accountants and Business Advisers Member of Grant Thornton International Ltd

29


INDEPENDENT AUDITOR’S REPORT

OTHER INFORMATION The Trustees are responsible for the other information. The other information comprises the President’s Message, Chairman’s Message and Chief Executive’s Report but does not include the performance report and our auditor’s report thereon. Our opinion on the performance report does not cover the other information and we do not express any form of audit opinion or assurance conclusion thereon. In connection with our audit of the performance report, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the performance report or our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we have performed, we conclude that there is a material misstatement of this other information; we are required to report that fact. We have nothing to report in this regard.

RESPONSIBILITIES OF THE TRUSTEES FOR THE PERFORMANCE REPORT The Trustees are responsible for: (a) Identifying outcomes and outputs, and quantifying the outputs to the extent practicable, that are relevant, reliable, comparable and understandable, to report in the statement of service performance; (b) the preparation and fair presentation of the performance report on behalf of the entity which comprises: the entity information; the statement of service performance; and the statement of financial performance, statement of financial position, statement of cash flows, statement of accounting policies and notes to the performance report in accordance with Public Benefit Entity Simple Format Reporting – Accrual (Not-ForProfit) issued by the New Zealand Accounting Standards Board, and (c) for such internal control as the Trustees determine is necessary to enable the preparation of the performance report that is free from material misstatement, whether due to fraud or error. In preparing the performance report, the Trustees are responsible on behalf of the Trust for assessing the Trust’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the Trust or to cease operations, or have no realistic alternative but to do so.

Chartered Accountants and Business Advisers Member of Grant Thornton International Ltd

30


AUDITOR’S RESPONSIBILITIES FOR THE AUDIT OF THE PERFORMANCE REPORT Our objectives are to obtain reasonable assurance about whether the performance report is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (NZ) and ISAE (NZ) 3000 (Revised) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this performance report. As part of an audit in accordance with ISAs (NZ) and ISAE (NZ) 3000 (Revised), we exercise professional judgement and maintain professional scepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the performance report, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. Conclude on the appropriateness of the use of the going concern basis of accounting by the Trustees and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the entity’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the performance report or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the entity to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the performance report, including the disclosures, and whether the performance report represents the underlying transactions and events in a manner that achieves fair presentation. Perform procedures to obtain evidence about and evaluate whether the reported outcomes and outputs, and quantification of the outputs to the extent practicable, are relevant, reliable, comparable and understandable. We communicate with the Trustees regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Chartered Accountants and Business Advisers Member of Grant Thornton International Ltd

31


INDEPENDENT AUDITOR’S REPORT

RESTRICTION ON USE OF OUR REPORT This report is made solely to the Trust Members, as a body. Our audit work has been undertaken so that we might state to the Trust Members, as a body, those matters which we are required to state to them in our audit report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Trust and its Members, as a body, for our audit work, for this report or for the opinion we have formed. Grant Thornton New Zealand Audit Limited

B Kennerley Partner Wellington 28 April 2021

Chartered Accountants and Business Advisers Member of Grant Thornton International Ltd

32


NEW ZEALAND BUSINESS & PARLIAMENT TRUST DIRECTORY AND MEMBERSHIP

PRESIDENT

CHAIRMAN

Rt Hon Trevor Mallard MP

Peter Griffiths

SPEAKER OF THE HOUSE OF REPRESENTATIVES

TRUSTEE COUNCIL

BOARD MEMBERS

CHIEF EXECUTIVE

Rt Hon Jacinda Ardern Hon Simon Bridges MP (to 22 May) Hon Judith Collins (from 28 July) John Dakin Peter Griffiths Gareth Hughes MP (to General Election) Chris Litchfield Simon Mackenzie (to 29 July) Nancy McConnell Ricardo Menéndez March MP (from December) Clayton Mitchell MP (to General Election) Todd Mullar MP (17 June to 14 July) Dr Deborah Russell MP David Seymour MP (to December) Gretta Stephens Tim van de Molen MP Brooke van Velden MP (from December) Guy Waipara (from 29 July)

Peter Griffiths (Chair) Chris Litchfield Nancy McConnell (Deputy Chair) Clayton Mitchell MP (to General Election) Dr Deborah Russell MP Gretta Stephens Tim van de Molen MP

Darryl Stevens MNZM EXECUTIVE ASSISTANT Vasoula Kappatos ADMINISTRATION ASSISTANT Tassie Wong COMMS INTERN Liam Davies (from May)

CORPORATE MEMBERS 1. AbbVie Ltd 2. ACG Tertiary & Careers Group Ltd (to 30 March 2020) 3. Air New Zealand Ltd 4. Airways Corporation of NZ Ltd 5. ANZ (New Zealand) Ltd 6. Auckland International Airport Ltd 7. Bank of New Zealand Ltd 8. Barenbrug New Zealand Ltd 9. Barfoot & Thompson 10. Bauer Media Group (NZ) LP (to April) 11. Beef + Lamb New Zealand 12. Christchurch Int’l Airport Ltd 13. Coca-Cola Amatil (NZ) Ltd 14. DB Breweries Ltd 15. Deloitte Ltd 16. Fonterra Co-operative Group 17. Foodstuffs NZ Ltd 18. Fujitsu New Zealand Ltd 19. Genesis Energy Ltd 20. GlaxoSmithKline NZ Ltd 21. Goodman New Zealand Ltd 22. Hawkins Group 23. Holcim (New Zealand) Ltd (to 1 July 2020)

24. IAG New Zealand Ltd 25. Imperial Tobacco NZ Ltd 26. Johnson & Johnson NZ Ltd 27. Kaipara Limited 28. Kensington Swan 29. KiwiRail 30. Lion - Beer, Spirits & Wine NZ Ltd 31. Lotto New Zealand 32. Marsden Maritime Holdings Ltd 33. McDonald’s Restaurants NZ Ltd 34. Merck Healthcare Pty Ltd 35. Merck Sharp & Dohme (NZ) Ltd 36. Mercury NZ Ltd 37. Meridian Energy 38. Metropolitan Glass & Glazing Ltd 39. NZ Post Group 40. NZ Steel Ltd 41. OceanaGold Waihi 42. OMV (NZ) Ltd 43. Pāmu Farms New Zealand 44. Pfizer New Zealand Ltd 45. Ports of Auckland Ltd 46. PowerNet Limited 47. Refining New Zealand

48. Rio Tinto (NZ Aluminium Smelters Ltd) 49. Russell McVeagh 50. Saatchi & Saatchi 51. Sanofi New Zealand Ltd 52. SBS Bank Group 53. Sealord Group Ltd 54. SKYCITY Entertainment Group 55. Southern Cross Healthcare 56. Spark New Zealand 57. St John 58. Subaru of New Zealand 59. Talley’s Group Ltd 60. Television New Zealand Ltd 61. Todd Corporation Ltd 62. Transpower New Zealand Ltd 63. Vector Ltd 64. Veolia Ltd 65. Villa Maria Estate Ltd 66. Vodafone New Zealand Ltd 67. Westpac 68. Willis Bond & Co Ltd 69. Woolworths New Zealand 70. Z Energy

23 Hon Shane Jones++ 24 Barbara Kuriger 25 Melissa Lee 26 Hon Andrew Little 28 Jan Logie 29 Hon Nanaia Mahuta 30 Rt Hon Trevor Mallard 31 Hon Ron Mark++ 32 Hon Tracey Martin ++ 33 Hon Todd McClay 34 Ian McKelvie 35 Clayton Mitchel + 36 Todd Muller 37 Hon Stuart Nash 38 Hon Alfred Ngaro ++ 39 Hon Damien O’Connor 40 Simon O’Connor 41 Dr Parmjeet Parmar ++ 42 Hon Grant Robertson 43 Jami-Lee Ross ++ 44 Dr Deborah Russell 45 Hon Jenny Salesa

46 Alastair Scott + 47 Hon Scott Simpson JP 48 Hon Aupito William Sio 49 Hon Dr Nick Smith 50 Fletcher Tabuteau ++ 51 Hon Anne Tolley JP + 52 Hon Louise Upston 53 Tim van de Molen 54 Hon Nicky Wagner + 55 Hamish Walker + 56 Louisa Wall 57 Angie Warren Clark 58 Dr Duncan Webb 59 Hon Meka Whaitiri 60 Hon Poto Williams 61 Nicola Willis 62 Hon Michael Woodhouse 63 Hon Dr Megan Woods 64 Jonathan Young++

ASSOCIATE MEMBERS (CURRENT MPS) 1 Rt Hon Jacinda Ardern 2 Ginny Andersen 3 Kanwaljit Singh Bakshi++ 4 Andrew Bayly 5 Hon David Bennett 6 Chris Bishop 7 Hon Simon Bridges 8 Hon Gerry Brownlee 9 Rt Hon David Carter+ 10 Hon Dr David Clark 11 Hon Clare Curran+ 12 Hon Jacqui Dean 13 Matt Doocey 14 Hon Ruth Dyson + 15 Hon Kris Faafoi 16 Hon Julie Anne Genter 17 Hon Paul Goldsmith 18 Hon Nathan Guy + 19 Joanne Hayes++ 20 Hon Peeni Henare 21 Hon Chris Hipkins 22 Brett Hudson++

+ Retired at General Election ++ Not re-elected

33


P F E W

04 472 5365 04 472 2016 office@nzbpt.nz www.nzbpt.nz

Parliamentary Library Building, Private Bag 18041, Parliament Buildings, Wellington 6160