REVIEWANNUAL2021
Thecommunity.Trustis a non-partisan educational charity, it is not a lobbying organisation.
The Labour Party (Government) and the National Party (Opposition) are entitled to two representative each. There are six Corporate members elected by the Corporate membership.
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
The Chairman is a Corporate representative.
TRUSTTHE
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). The Trustee Council comprises the Prime Minister, the Leader of the Opposition, and the leaders or representatives of the other Parliamentary parties. The 53rd Parliament has five parties of which four are represented on the Trustee Council.
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 and whose employees would benefit from participation in the parliamentary seminars.
A Trust Board of four Corporate representatives (seconded from the Trustee Council) and two 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.
PURPOSE & MEMBERSHIPGOVERNANCEOBJECTIVES
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.
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.
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 Appendix 5 15 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 CONTENTS 1
I congratulate the Trust on its 30th anniversary milestone reached on 11 December. When we look back to the reasons behind the Trust being founded in December 1991 - the inspired vision of the people who promoted the idea (of which Sir Pat Goodman and Sir Robin Gray MP were key players) and the coming together of the business community and parliamentarians in making the vision a reality - the Trust can be very proud of the remarkable contribution it has played in ensuring that our corporates have the opportunity to better understand their parliamentary systems. The importance of this work is as relevant in 2021 as it was in 1991 and it will continue to be so in the new decade ahead.
I was therefore pleased to be able to open two parliamentary seminars in March and May respectively.
The Trust’s seminars, while intensive, are insightful providing a very realistic picture of how Parliament works and how government is exercised through Parliament.
I would like to thank the Chairman, Peter Griffiths, members of the Trust Board and Trustee Council and the Secretariat, for the work they undertake on behalf of our Corporate members and Members of Parliament.
It is also pleasing to see a small group of Members of Parliament undertaking Business Attachments with corporate members. The Business Attachment programme gives Members the unique opportunity to learn about businesses and the impact that political decisions may have on businesses.
Rt Hon Trevor Mallard MP
2
MESSAGEPRESIDENT’SSpeaker
The year in review has again been dominated by COVID-19, and the continuing lockdowns and other restrictions have impacted significantly on Trust operations, resulting in disruption to the normal flow of education and members’ programmes.
At the Annual Meeting in June, our Deputy Chair, Nancy McConnell was re-elected for a further term of three years.
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 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.
In December, Gretta Stephens, a long serving Board member and Trustee resigned, following an appointment to a new position with BlueScope Steel Limited requiring her to re-locate to Melbourne in early 2022. The Trust warmly thanks Gretta for her work in supporting the mission of the Trust.
Trust Operations
The contribution our Corporate members make to the Trust and its activities is important and your on-going support in these challenging times is highly valued.
MESSAGECHAIRMAN’S 3
Corporate Membership
We were pleased to welcome ASB Bank, WSP New Zealand Ltd, Contact Energy Ltd in the first quarter and Silvereye Communications Ltd in August. We trust that these corporates will gain much from their membership and look to actively engaging with them once restrictions are lifted.
Peter Griffiths Chairman
The Trust turned thirty on 11 December and at rather short notice, between lockdown restrictions, were able to acknowledge this with a small networking event at Parliament. With so much uncertainty throughout the year, the decision had been taken not to hold a major event marking this milestone but rather to celebrate it from December 2021 to December 2022 through our ongoing programme.
The lengthy lockdown which had Auckland at either Alert level 4 or 3 from August through to December, limited our ability to engage with corporate members face to face and while consideration was given to moving our Machinery of Government -Taking a Closer Look seminar to a virtual platform, this was eventually not pursued. Our tertiary funding programme was maintained with each of the four Universities awarding prizes but again with the lockdowns and school visits to Parliament unable to take place from August onward, this reduced the number of schools receiving financial support through the Travel Fund Assistance for School Visits to Parliament programme.
Acknowledgements
Trustee Council and Board
John Dakin [Goodman NZ Ltd] retired and we thank him for his service to the Trust. To fill the vacancy Joanne Mahon [Southern Cross Group] has joined the Trustee Council. Catherine Soper [Genesis Energy] was also elected as an additional member on the Trustee Council.
Yet again Pandemic restrictions have had a significant impact on the activities of the Trust, this is particularly so as so much of what we offer really works best in a face to face visit to Parliament. The COVID-19 Alert System that saw several lockdowns and ongoing restrictions, throughout the year forced us to cancel two parliamentary seminars, a members’ network event planned for Auckland and a President’s dinner. However, we did manage to deliver two Parliamentary seminars and a small number of Members of Parliament were able to undertake or complete their Business Attachments before all of the country moved to Alert Level 4 on 17 August.
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 and the Parliamentary Press Gallery, who gave freely of their time to speak at one of our two seminars. Our corporate attendees gain so much from these presentations leading to a more in dept understanding of how Parliament and the Executive work.
The resignations of Villa Maria Estate Ltd (sold on 30 September 2021 to Indevin New Zealand), Beef & Lamb, Kaipara Ltd, Microsoft Corporation and Sanofi New Zealand Ltd (closing their New Zealand office) all took effect from 31 December ASSOCIATE2021.
When it became clear that venue, hospitality and travel restrictions would not allow us to host the seminars face to face in-house, consideration was given to moving the Machinery of Government Seminar to a virtual platform, but we did not have enough people wishing to connect in this way to justify the seminar proceeding.
MEMBERS
TRUST MEMBERSHIP NEW CORPORATE MEMBERS
Peter Griffiths cuts the 30th anniversary cake at the December stakeholder event
I am pleased to provide the 30th review of the business and activities of the Trust to the year ending 31 December 2021.
REPORTEXECUTIVE’S 4
The four new Corporate Members are:
ASB ContactBankEnergy Ltd Silvereye Communications WSP Limited
The COVID-19 Alert system and a series of lockdowns during the year had a significant impact on our ability to deliver a full programme of parliamentary seminars, the business attachment programme for Members of Parliament and members’ events. We managed to deliver two of the four planned Parliamentary seminars, which enabled 71 attendees from 27 corporate members to engage with us and to hear from parliamentarians and parliamentary officials about the operations of Parliament and the Executive. Initially we had hoped to only postpone the seminars and went through a multiple process of re-setting dates.
The Trust’s 30th anniversary is an important milestone and while previous milestones at 10, 20 and 25 years were celebrated with special events, given the uncertainties around COVID, a decision was taken to mark the anniversary through our established programme of events from December 2021 to December 2022. A special commemorative edition of NZBPT News will be published in 2022.
CHIEFOVERVIEW
Simeon Brown MP was made an Associate Member following the successful completion of a Business Attachment programme with Foodstuffs (NZ) Ltd.
The planned Auckland network event was postponed twice before a decision was taken to move it to 2022. Likewise, a planned President’s Dinner could not be held. Following a change of alert levels in December and at short notice, a small stakeholder’s event marking our thirtieth anniversary was held in the Speaker’s Lounge.
The Trust’s corporate membership opened with 70 members at 1 January and closed with 67 members as of 31 December 2021. The Trust gained four new members but lost five members, one as a result of the company being sold and one as a result of the closure of the New Zealand office.
Simeon Brown receives his Associate Members certificate from Peter Griffiths at the seminar lunch in March
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 Nancyoperations.McConnell,
(Strategic Advisor with Hawkins Ltd and part of Downer Group NZ), and Deputy Board Chair was re-elected for a further term of three years. Joanne Mahon, Chief Communications & Brand Officer for the Southern Cross Group was elected to the Trustee Council replacing John Dakin who was standing down at the conclusion of his term. Catherine Soper, GM Government and Regulatory Affairs at Genesis Energy Ltd was appointed an additional member on the Trustee Council. 2021 GENERALANNUALMEETING
The Rt Hon Trevor Mallard MP, Speaker of the House of Representatives, presided as President of the Trust and Peter Griffiths chaired the meeting.
AngelaFoodstuffsRoberts
5
MP, Ricardo Menéndez March MP Trustee Council member and Darryl Stevens
The Trust’s 29th Annual General Meeting was held at Parliament on 1 June 2021. Working within the ‘new normal’ our corporate members and associate members were given the choice of attending either in person or via Zoom.
James Heath, University of Otago inaugural prize winner in conversation with Joseph Mooney MP and Darryl Stevens
Jamie Gray, Airways Corporation, Catherine Soper Genesis Energy and newly elected Trustee Council member with Tim van de Molen MP, Board member Dr Deborah Russell MP, Board member with Melissa Hood,
“Really appreciative to all who took time out to share with us. Fantastic!”
“Great speakers, terrific insights, and honesty. Appreciated how slick it was too, brilliantly organised”
PROGRAMMESATTACHMENTBUSINESS
Louisa Wall MP Coco Cola Europartners Ltd and Guardians of NZ Superannuation
SEMINARSPARLIAMENTARYPROGRAMMES
3 Members of Parliament undertook and completed their Business Attachment programmes.
SAMPLE OF THE COMMENTS RECEIVED FROM ATTENDEES AT THIS YEAR’S PARLIAMENTARY SEMINARS WERE... SEMINAR 1
Simon Watts MP WSP Ltd Three other Members of Parliament had Attachments confirmed but were prevented by COVID restrictions from undertaking these. We acknowledge and warmly thank the above companies for agreeing to host Members of Parliament. Seminars were held in March and May as planned. The two Seminars planned for September and November were unable to proceed.
“Well run, varied and insightful. The openness and honesty of the speakers was appreciated and helpful”
Barbara Kuriger MP Todd Energy
“Well worth the time, thank you for having us! Day was better than expected!”
6 Seminar 1 : Exercising Government through Parliament seminar attendees
SEMINAR SPEAKERS AT SEMINAR 1
attendeesHon Grant Robertson, Deputy Prime Minister who spoke on the subject of leadership
7 Seminar 2 : Machinery of Government - Taking a Closer Look seminar
The Trust is privileged to be able to call on a wide range of parliamentarians and officials with indepth knowledge on the workings of Parliament and Government.
Angie Warren Clark MP talks MMP Hon Judith Collins MP, Leader of the Opposition Hon Michael Wood discusses the challenges of being a Minister Simon O’Connor presents on Select Committees
8
Suzie Jones, Deputy Clerk of the House presenting on how legislation is developed Bell, Director of Labour Leader’s office giving an overview of the role of the unit with emphasis on nurturing policy - developing policy
Gareth Chaplin Associate Director Central Government. Morrison Low spoke on influencing Policy and the. Role Government Departments play in the development and delivery of Policy
Our Machinery of Government seminar speakers comprise people at the ‘coalface’ and who are there to help Members of Parliament in all facets of their work - legislation, policy, electorate. SEMINAR 2
“This seminar was recommended to me by my colleagues as being excellent and I’m very pleased I took their advice and attended today”
COMMENTS AT SEMINAR 2
NETWORKING
“I found this thoroughly fascinating and interesting day and have a much deeper understanding of the machinery of Government as a result”
SEMINAR SPEAKERS AT
“Incredible day and really informative”
PRIZES IN EDUCATIONPOLITICS
Grants that had been paid out were required to be refunded to the Trust in accordance with our standard policy and a special COVID policy that was first applied in 2020 was implemented for a second year. The Q4 funding round saw grants in principle approved for 14 schools but not paid out unless the visit was proceeding to avoid the refunding process. Only 2 schools were able to undertake restricted visits to Parliament grounds. A full list of those schools receiving grants from the Trust are listed at Appendix 4.
School Visits to Parliament were once again significantly affected with changing Alert levels with all School visits to Parliament being cancelled from August through to December inclusive. It was a somewhat complicated situation as schools either deferred their visits, in some cases several times, before having to cancel them. Other schools elected to undertake visits to Wellington but without financial assistance from the Trust. Of those schools that did proceed, a small number undertook visits to the grounds of Parliament to meet with their local Members of Parliament and to do a limited programme of instruction supported by the Secretariat. In the latter part of term 4, two schools undertook a virtual parliament education programme with the Parliamentary Services Education Team which enabled them to uplift their grants. The Trust has four funding rounds per year and while 61 schools had grants approved, only 23 schools managed to undertake visits to Parliament.
TRAVEL FUND ASSISTANCE FOR SCHOOL VISITS TO PARLIAMENT
9
All four Universities awarded prizes in 2021. The University of Auckland selected Sophia Li as the 2021 recipient. Sophia’s Master of Public Policy dissertation was entitled ‘Why Asian New Zealanders vote less and how to improve their participation’. This dissertation is the first that attempts to draw on large sample national survey data to present and analyse Asian New Zealanders’ electoral Ourparticipation.partnership
The University of Otago selected Matthew O’Connor as the second Prize recipient. Matthew completed his BA in Politics and Geography in 2020 before enrolling in a Master of DanielPolitics.Mason of Waikato University, enrolled in the Master of Social Sciences in Public Policy, was awarded the Trust’s 2021 Prize.
In Q3 the Trust received an unprecedented number of funding applications totalling 31 schools and is the highest for any quarter since the inception of the scheme in 2016. However, only 6 schools were able to undertake their planned visits due to parliamentary visits being suspended.
Pheobe Slee, University of Waikato inaugural prize winner participating at the seminar lunch in March
with the University of Canterbury continues with the University naming Terewai (Teri) Irwin as the 2021 Master of Policy and Governance [MPAG] recipient.
Seminar in the Banquet Hall Gretta Stephens
OUR FLAGSHIP EVENT In late December, the Trust received with regret, the resignation of long-term Board member Gretta Stephens.
10 TRUSTEE MEMBERSHIPBOARD
SECRETARIAT
Tassie Wong, retiring Events Assistant, Vasoula Kappatos Executive Assistant & Programme Coordinator, Darryl Stevens, Chief ExecutiveOliver (Oli) Malthus
First, 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.
11
The Secretariat has for second year proved that it is robust and flexible in managing the ‘new normal.’
Darryl M Stevens MNZM Chief Executive TRUST DEED
The Board agreed to a review of the Trust Deed and engaged Russell McVeagh to undertake the review in partnership with the Secretariat. It is planned to have a revised Trust Deed ratified at the Annual Meeting in 2022.
COMMS INTERN Oliver (Oli) Malthus a graduate of Massey University’s Bachelor of Communication degree course, joined the Secretariat in May as our third COMMS Intern.
Third, I record my thanks to the Speaker’s Office, Office of the Clerk, Cabinet Office, Parliamentary Press Gallery, ICON and the Parliamentary Service staff for their assistance and support. The Trust relies heavily on you all to help us achieve our mission. 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.
Tassie Wong, Events Assistant and a casual employee with the Trust since 2016, elected to retire at the end of 2021. Tassie’s work was acknowledged by the Board Chair at the Stakeholders Function.
Finally, personal thanks to my colleagues Vasoula Kappatos, Tassie Wong and Oli Malthus for their contribution to the work of the Trust during a continuing pandemic crisis and the challenges of the lockdowns and ongoing restrictions.
THANK YOU
Second, I acknowledge those Parliamentarians who attend our seminar lunches and network with corporate attendees. The Trust could not achieve its key purpose without your active support.
Parliamentary Seminar 1 - Exercising Government through Parliament
Bethany Vale Oceangold
Paul Ford Contact Energy
Christmas Drinks - 30th Anniversary of the Trust
Matthew Forbes Contact Energy
Ltd
Karla Davidson-Brown Landcorp
Riki Harrison McDonald’s Restaurants (NZ) Ltd
David Visser Landcorp
Louise Evans-McDonalds Imperial
12 Trust Board Meeting 1 Trust Board Meeting 2 Trust Board Meeting 3 Trust Board Meeting 4
Nigel Wilson KiwiRail
Lucy Taylor CHCH International Airport Ltd
Imogen
Parliamentary Seminar 3 - Exercising Government through Parliament
Parliamentary Seminar 2 - Machinery of Government and Parliament - Taking a Closer Look
Jamie Campbell Landcorp
Greta Parker NZ Post Nathan Jones NZ Steel
ANZ
Brands Australia
Victoria Hawkins St John Corina Claps St John Ben Holden Talley’s Limited
Samantha Barrington Prowse Todd Energy
Pheobe Slee Prize Winner, Waikato University OF COVID LOCKDOWNS
Louis Poole Fonterra Co-operative Group Ltd
APPENDIX 1 - 3 APPENDIX 1 2021 CALENDAR AND PROGRAMME OF EVENTS THE FOLLOWING EVENTS WERE CANCELLED AS A DIRECT RESULT
Annual
Michael Cusack Imperial
Dinner Auckland Corporate Members Network Function 24 February 1 September711224711JuneAugustDecemberMarchMayJuneDecember(postponed) December (cancelled) SeptemberAugustNovember (postponed to 2022)
Stefania Esposito Westpac
Brands Australia
General Meeting
Paul McGill Landcorp
Tony Wright MSD
Craig Glover MSD
Chelsie Kumar Guardians of NZ Superannuation
Mark Oglivie Landcorp
Sarita von Afeh Abbvie
Brendan McPhail McDonald’s Restaurants (NZ) Ltd
Althea Lovell SPARK Ltd
Parliamentary Seminar 4 - Machinery of Government – Taking a Closer Look
President’s
Swain
Stakeholders
Kate van Praagh Westpac Nic Scrivin WSP Ltd
APPENDIX 2 CORPORATE ATTENDEES PARLIAMENTARY SEMINAR 1 - 24 MARCH
Stuart Barraclough Todd Corporation
Louise Griffin ASB
Dion Lorns Talley’s Limited
Peter Jiang Coca-Cola Europartners Ltd
Murray Bruges Fonterra Co-operative Group Ltd
Toby Selman Guardians of NZ Superannuation
Cassie Arauzo SPARK Ltd
Michael Cusack Imperial Brands Australia
Philippa Bell Director, Labour Leader’s Office
David Visser Landcorp Ben Coley McDonald’s Restaurants (New Zealand) Ltd
Kieran McNulty MP Snr Government Whip, Member for Wairapapa
Murray Bruges Fonterra Co-operative Group Ltd
Kelsi Foale ANZ Louise Griffin ASB
Lucinda King IAG
Bernadette Kelly Landcorp
Tony Wright MSD Pharmaceuticals
Craig Glover MSD Pharmaceuticals
APPENDIX 3
Kenji Yamada Todd Corporation
Stephen Troughton Todd Corporation
Rt Hon Trevor Mallard MP Speaker of the House of Representatives
Gareth Chaplin Assoc Director - Central Government, Morrison Low
Matt Doocey MP Snr Opposition Whip, Member for Waimakariri
Jennifer Stephen Contact Energy Nigel East Contact Energy
Nic Scrivin WSP Ltd
Emily Devaney Russell McVeagh
Dion Lorns Talley’s Limited
Simon O’Connor MP Member for Tāmaki
Louise Evans-McDonalds Imperial Brands Australia
Rt Hon Trevor Mallard MP Speaker of the House of Representatives
Hon Judith Collins MP Leader of the Opposition, Member for Papakura
Shanan Halbert MP Member for Northcote
Gerrard Carter Legislation Coordinator, Dept Prime Minister & Cabinet
Pheobe Slee Prize Winner, Waikato University
APPENDIX 2 CORPORATE ATTENDEES PARLIAMENTARY SEMINAR 2 - 12 MAY 13
PARLIAMENTARY SEMINAR SPEAKERS FOR 2021 EXERCISING GOVERNMENT THROUGH PARLIAMENT SPEAKERS
Hon Michael Wood Minister of Transport, Workplace Relations & Safety, Deputy Leader of the House, Member for Mt Roskill
Karen Chhour List MP, ACT Party
Toby Selman Guardians of NZ Superannuation
Kurt McLauchlan & Snr Ministerial Adviser - Ministerial Office
Victoria Hawkins St John Corina Claps St John Ben Holden Talley’s Limited
Louis Poole Fonterra Co-operative Group Ltd
Gabor Hellyer Principal Clerk of Committee for Justice, Office of the Clerk
Greg Morris NZ Post
Peter Jiang Coca-Cola Europartners Ltd
PARLIAMENTARY SEMINAR SPEAKERS FOR 2021 MACHINERY OF GOVERNMENT AND PARLIAMENT - TAKING A CLOSER LOOK
Hon Grant Robertson Deputy Prime Minister, Member for Wellington Central
Jenna Lynch Representative of the Parliamentary Press Gallery
Tanea Chapman KiwiRail Nigel Wilson KiwiRail
APPENDIX 3
Suze Jones Deputy Clerk of the House
Pavan Sharma Manager House, Office of the Clerk
Jocelyn Mckernan BNZ
Ben Kay SKYCITY
Kate Palmer WSP Ltd
Holly Donald Deputy Chief of Staff - Ministerial Office
Chelsie Kumar Guardians of NZ Superannuation
Angie Warren-Clark List MP, Labour Party
Tim Rowe Genesis Energy
Thames Valley Alternate Learning Coromandel 8 Nil
Waitara East School Nth Taranaki 16 2
Southland Girl’s High School Invercargill 17 1
Maruia Primary School West Coast 21 Nil
Halfmoon Bay School | Rural & Remote Schools Stewart Island 7 Nil
Kamo Intermediate School Whangarei 27 2
Tapora School Rural & Remote Schools Wellsford 3 Nil
Hastings Boys High School Hawkes Bay 20 Nil
Nuhaka School Nth Hawkes Bay 30 2
Kaitoke School Rural & Remote Schools Great Barrier Island 8 Nil
1,9203,2001,2601,2602,9001,8001,2601,9201,140480800800240840640757206008408405251,0001,320 WHO WERE FUNDED THROUGH THE TRUST AND ABLE TO UNDERTAKE COVID-19
Thames High School Coromandel 21 Nil
APPENDIX 4 TRAVEL FUND ASSISTANCE FOR SCHOOL VISITS TO PARLIAMENT 2021 APPENDIX 4 $ GRANT
New Brighton Catholic School Christchurch 18 1
Paraparaumu College Kapiti Coast 21 Nil Maniototo Area School Central Otago 10 Nil
Marton School Rangitikei 30 2
Makuri School Rural & Remote Schools Taraua District 3 Nil
Our Ladies of Victories School Christchurch 20 2 LOCATION FUNDEDCAREGIVERS/SCHOOL
Marshland School Christchurch 14 Nil Moanataiari School Coromandel 21 Nil
AN EDUCATIONAL VISIT TO PARLIAMENT OUTSIDE OF
Holy Family School Wanaka 30 2
14 THE FOLLOWING IS A LIST OF SCHOOLS
RESTRICTIONS.
FUNDEDSTUDENTS PARENTS
Netherton School Paeroa 30 2 Girls’ College Tauranga 20 1
Tauranga
Kaiapoi High School Nth Canterbury 10 Nil
Colin Fife (2000) Christ’s College Christchurch Jennifer Ryan (1997) St Oran’s College Lower Hutt, Wellington
YOUTH PARLIAMENT COMPETITION WINNERS University of Auckland
David Mason (2021)
APPENDIX 5
Shine Wu (2019) Victoria University of Wellington Wellington
Alexis Harris & Natalie White (2013)
Amelia MacDonald (2010) Takapuna Grammar Auckland Luke Craven (2007) Bethlehem College Tauranga
Annie MacDonald (2018) Samantha Arthur-Curtis (2016) Annie Du (2015) Dylon Chambers (2014) Nicola Yong (2014) Kirsten Mander (2011)
Josephine Clarke (2014)
Kiri Picard [inaugural recipient] (2020)
Laura de Haan & Mary Davies-Colley (2012
Victoria University Wellington- Te Herenga Waka
Polly Higbee (2004) St Hilda’s Collegiate School Dunedin
Matthew O’Connor (2021) University of Waikato Pheobe Slee [inaugural] (2020)
Jack Georgieff & Kirsten Mander (2011)
University of Otago
APPENDIX 5 PRIZE WINNERS ALUMNI 2018 - PRESENT DAY
Eileen Moughan & Jessica Booker (2010)
James Heath [inaugural] (2020)
15
Samantha Lassen & Caleb Dawson-Swale (2015)
University of Canterbury Scholarship Winners Stella Smith (2016) Mandy Stratford (2015)
Catherine Kan-Shaw and Nicola Yong (2014)
APPENDIX 5
Victoria University Wellington- Te Herenga Waka Prize Winners
Karan Kalsi (2016) Lynfield College Auckland Emily McCarthy (2013) Tauranga Girls’ College Tauranga
Holly Blackler & Emma Burge (2016)
APPENDIX 5
SCHOLARSHIP & PRIZE WINNERS ALUMNI 2010 - 2018
Terewai (Teri) Irwin (2021)
Karishma Patel & Rebecca Evans (2018)
Scholarship Winners
Sophia Li (2021) University of Canterbury Jessica Kikstra (2019) Eilish Espiner (2020)
16
FOR THE YEAR ENDED 31 DECEMBER 2021 PREPARED BY MUNRO BENGE CHARTERED ACCOUNTANTS LIMITED REPORTPERFORMANCE 17
LEGAL NAME OF ENTITY New Zealand Business and Parliament Trust.
18
NEW
Grant Thornton New Zealand Audit Limited. BANKER Westpac New Zealand Limited. SOLICITOR Russell McVeagh. ACCOUNTANT Munro Benge Chartered Accountants Limited. 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
ENTITY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2021
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 TheRepresentatives.Boardmeets four times per year and must also convene an Annual General Meeting. The Trust’s operations are managed by a team of four part-time paid employees - the Chief Executive, an Executive Assistant (Programmes & Administration), a Communications and Social Media Assistant, and an Events Assistant.
ENTITY’S PURPOSE OR MISSION ENTITY STRUCTURE To advance and encourage understanding and goodwill between the business community of New Zealand and Parliamentarians.
MAIN SOURCES OF THE ENTITY’S CASH RESOURCES
POSTAL ADDRESS office@nzbpt.nz, Private Bag 18041, Parliament Buildings, Wellington, New Zealand, 6160. 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.
AND
PHYSICAL ADDRESS Parliament Buildings, 1 Molesworth Street, Wellington, 6011.
19
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.
DESCRIPTION OF THE ENTITY’S OUTCOMES 20 Parliamentary Seminars (for Corporate members) Exercising Government through Parliament Machinery of Government & Parliament Activities specific to MPs Business Study Programme attachments (for MPs) Attachments confirmed / offered Attachments completed Attachments cancelled / lapsed Attachments still to be completed and / or deferred due to COVID Business Away Day Visit (for MPs) Activities open to Corporate Members, Ministers 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 school applications received and approved for funding Number of schools utilising their approved grants Number of students assisted Number of parents|caregivers assisted Schools withdrawing applications Number of School visits Cancelled - COVID 19 Number of Schools where grant payments were withheld - COVID-19 Number of Grants Refunded - COVID 19 OUTCOMES AND MEASURES OF QUALITY AND OBJECTIVES IN RESPECT TO DELIVERY 11 22 11 NilNil484 NilNil71 NilNil426 NilNilNil1 Nil212 NilNilNil1 4422561194321616 ####### 58335394 4 4 4 ACTUAL2021 BUDGET2021 ACTUAL2020
NEW ZEALAND BUSINESS & PARLIAMENT TRUST STATEMENT OF SERVICE PERFORMANCE FOR THE YEAR ENDED 31 DECEMBER 2021
21
Revenue from providing goods or services Interest, dividends and other investment revenue Total Revenue Volunteer and employee related costs Costs related to providing goods or service Other expenses Total Expenses Surplus / (Deficit) for the Year 22211 307,7283,347 311,075 306,47710,422 316,898 192,88771,81256,218 320,918(9,843) 173,89989,27845,624 308,8008,098 2021$NOTES 2020$ The accompanying notes form part of this Performance Report. Please refer to the independent audit report. NEW ZEALAND BUSINESS & PARLIAMENT TRUST STATEMENT OF FINANCIAL PERFORMANCE FOR THE YEAR ENDED 31 DECEMBER 2021 22 EXPENSESREVENUE
Current Assets Bank accounts and cash DebtorsDepositsand prepayments Accrued interest GST receivable Total Current Assets Non-Current Assets Property, Plant and Equipment Intangible InvestmentsAssets Total Non-Current Assets Total CurrentAssetsLiabilities Creditors and accrued expenses Employee costs payable Other current liabilities Total Current Liabilities Total Liabilities Total Assets less Total Liabilities (Net Assets) Accumulated Funds Retained earnings / Accumulated funds Reserves Total Accumulated Funds 168,050315,666511917 485,143 8,4269,847 503,41618,273 31,35815,584180 456,29547,12147,121 120,000336,295 456,295 543 369,85150,0961,9201,5022,772 426,140 50,00012,51810,255 498,91372,773 18,67913,205892 466,13732,77632,776 120,000346,137 466,137 31 DEC 2021$NOTES 31 DEC 2020$ Peter Griffiths 21 June 2022 21 June 2022 Darryl Stevens MNZMSignedSigned DateDate ASSETS NEW ZEALAND BUSINESS & PARLIAMENT TRUST STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2021 23
50,09611,69638,400 Cash Flows from Operating Activities Fees, subscriptions and other receipts from members Interest, dividends and other investment receipts PaymentsGST to suppliers and employees Donations or grants paid Total Cash Flows from Operating Activities Cash Flows from Investing and Financing Activities Payments to acquire property, plant and equipment Payments to purchase / sell investments Total Cash Flows from Investing and Financing Activities Net Increase / (Decrease) in Cash Bank Accounts and Cash Opening cash Net change in cash for period Closing cash
(272,483)307,7284,3381,688(24,420) 16,851 251,801(3,082) 265,570248,719
(266,888)311,47717,675(509)(40,285) 21,469 (9,488)(285) (9,773)11,696
315,666265,57050,096 2021$ 2020$ This statement has been prepared without conducting an audit or review engagement, and should be read in conjunction with the attached Compilation Report. INCREASE (DECREASE) IN CASH NEW ZEALAND BUSINESS & PARLIAMENT TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2021 24
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.
PROPERTY, PLANT AND EQUIPMENT
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 Revenuefuture. 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.
Office equipment : 5 years Intangible Assets
NZ Business & Parliament Trust is wholly exempt from New Zealand income tax having fully complied with all statutory conditions for these exemptions. 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. 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.
IN ACCOUNTING POLICIES
NEW ZEALAND BUSINESS & PARLIAMENT TRUST STATEMENT OF ACCOUNTING POLICIES FOR THE YEAR ENDED 31 DECEMBER 2021 25
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. There have been no changes in accounting policies. Policies have been applied on a consistent basis with those of the previous reporting period.
‘How did we do our accounting?’ BASIS OF PREPARATION GOODSINCOMEREVENUETAXAND SERVICES TAX (GST) BANK ACCOUNTS AND CASH INVESTMENTS
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
CHANGES
Investments are recorded at cost. Employee entitlements are measured at undiscounted nominal values based on accrued entitlements at current rates of pay.
EMPLOYEE COSTS
Property, plant and equipment are shown at cost or valuation less any accumulated depreciation and impairment loss. 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:
Revenue from providing goods or services Subscriptions Subscriptions Written Off Total Revenue from providing goods or services Interest, dividends and other investment revenue Interest Income Total Interest, dividends and other investment revenue Volunteer and employee related costs Secretariat Total Volunteer and employee related costs Costs related to providing goods or services Brochures, Annual Review and Newsletters Business and Parliamentary study programmes School Travel Funding Special Events Study Fund Expenditure Total Costs related to providing goods or services Other expenses Amortisation - Website WebsiteTravelTelephoneStationeryProfessionalRentInsuranceGeneralDepreciationExpensesFees&Postage&Communications&Accommodation&SocialMedia Total Other expenses 312,750(5,022) 307,728 3,347 3,347 314,500(8,023) 306,477 10,422 10,422 192,887 192,887 26,34014,48722,6243,6954,667 71,812 32,4245,3331,1103,4904,0927152,5683,015893,383 56,218 173,899 173,899 38,36510,36235,2822,2683,000 89,278 21,8455,3331,0102,8264,0925704,9743,1991,099675 45,624 20212021$$ 20202020$$NOTE 1 – ANALYSIS OF REVENUE NOTE 2 - ANALYSIS OF EXPENSES NEW ZEALAND BUSINESS & PARLIAMENT TRUST NOTES TO THE PERFORMANCE REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 26
12,518 2021$ 2020$NOTE 3 - PROPERTY, PLANT AND EQUIPMENT NOTE 4 - INTANGIBLE ASSETS 27 Accumulated Funds Reserves Study Fund Reserves Total Reserves Total Accumulated Funds 120,000336,295 456,295120,000 120,000346,137 466,137120,000 2021$ 2020$NOTE 5 - ACCUMULATED FUNDS
2021$ 2020$ Website AccumulatedCost Amortisation Total Website Total Intangible RECONCILIATIONAssetsOFBOOK VALUE Website Opening AmortisationDisposalAdditionsValue Total FurnitureWebsiteand Fittings Furniture and fittings owned Accumulated depreciation - furniture and fittings owned Total Furniture and Fittings Total Property, Plant and Equipment RECONCILIATION OF BOOK VALUE Furniture & Fittings Opening DepreciationDisposalsAdditionsValue Total Furniture & Fittings
(10,928)20,774 9,8479,847 (3,490)10,2553,082 9,847 (12,034)20,460 8,4268,426 (4,092)12,518 8,426 (7,437)17,692 10,25510,255 (2,826)9,4883,593 10,255 (7,942)20,460 12,51812,518 (4,092)16,610
NOTE 6 - BREAKDOWN OF RESERVES
NOTE 9 - RELATED PARTY TRANSACTIONS
NOTE 7 - SIGNIFICANT DONATED ASSETS - NOT RECORDED
OUTSTANDINGVALUE2020$OFOUTSTANDINGVALUE2021$OFTRANSACTIONSVALUE2020$OFTRANSACTIONSVALUE2021$OF
Description of Related Party Relationship Amounts paid to the Description of the Transaction (whether in cash or amount in kind) 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 TherequestedChairman also receives $1,200 in Theifdisbursements,Chairman’srequestedotherTrustees do not receive any funds
0 0 00 00 NEW ZEALAND BUSINESS & PARLIAMENT TRUST NOTES TO THE PERFORMANCE REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 28 Reserves 120,000 120,000 2021$ 2020$
The Trust has not received any significant donated assets during the course of the year (2020: None)
0 0 00 00
There were no commitments or contingencies as at 31 December 2021 (2020: None)
NOTE 8 - COMMITMENTS AND CONTINGENCIES
Chairman
We have agreed any budget financial information to the agreed budget as signed by the Trustees. 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.
OPINION TO
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 2021, the statement of financial position as at 31 December 2021, 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 2021 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.
Other than in our capacity as auditor we have no relationship with, or interests in, the Trust.
BASISOPINIONFOR THE TRUSTEES OF NEW ZEALAND BUSINESS AND PARLIAMENT TRUST
: REPORT ON THE PERFORMANCE REPORT Audit Grant Thornton New Zealand Audit Limited L15 Grant Thornton House 215 Lambton Quay PO Box www.grantthornton.co.nzTWellington107126143+64(0)44748500 29 AUDITOR’SINDEPENDENTREPORT Chartered Accountants and Business Advisers Member of Grant Thornton International Ltd
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 Identifyalso: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.
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.
30 AUDITOR’SINDEPENDENTREPORT Chartered Accountants and Business Advisers Member of Grant Thornton International Ltd
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.
AUDITOR’S RESPONSIBILITIES FOR THE AUDIT OF THE PERFORMANCE REPORT
RESPONSIBILITIES OF THE TRUSTEES FOR THE PERFORMANCE REPORT
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Trust and the Entity’s Trustees, as a body, for our audit work, for this report or for the opinion we have formed.
31
This report is made solely to the Trust’s Trustees, as a body. Our audit work has been undertaken so that we might state to the Trust’s Trustees, as a body, those matters which we are required to state to them in our audit report and for no other purpose.
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.
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.
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.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
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.
Grant Thornton New Zealand Audit Limited B Kennerley WellingtonPartner 21 June RESTRICTION2022 ON USE OF OUR REPORT Chartered Accountants and Business Advisers Member of Grant Thornton International Ltd
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.
Stephens Chris
Peter Griffiths
Nancy McConnell Deborah Gretta Litchfield van
(Chair)
33 TRUSTEE COUNCIL BOARD MEMBERS CHIEF EXECUTIVE CORPORATE MEMBERS ASSOCIATE MEMBERS (RETURNING TO THE 53RD PARLIAMENT) PRESIDENT EXECUTIVE ASSISTANT EVENTS ASSISTANT COMMS & SOCIAL MEDIA INTERN CHAIRMAN Rt Hon Trevor Mallard MP SPEAKER OF THE HOUSE OF REPRESENTATIVES Rt Hon Jacinda Ardern Hon Judith Collins MP (to November) John Dakin (to AGM, June) Peter Griffiths Chris Litchfield Nancy JoanneMcConnellMahon(from June) Ricardo Menéndez March MP Dr Deborah Russell MP Catherine Soper (from June) Gretta Stephens Tim van de Molen MP Brooke van Velden MP Guy Waipara Darryl Stevens MNZM 1. AbbVie Ltd 2. Air New Zealand Ltd 3. Airways Corporation of NZ Ltd 4. ANZ (New Zealand) Ltd 5. ASB Bank 6. Auckland International Airport Ltd 7. Bank of New Zealand Ltd 8. Barenbrug New Zealand Ltd 9. Barfoot & Thompson 10. Beef + Lamb New Zealand 11. Christchurch Int’l Airport Ltd 12. Coca-Cola Europartners Ltd 13. Deloitte Ltd 14. Dentons Kensington Swan 15. Downer (NZ) Ltd [Hawkins 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. Guardians of NZ Superannuation 23. IAG New Zealand Ltd 24. Imperial Tobacco NZ Ltd 1 Rt Hon Jacinda Ardern 2 Ginny Andersen 3 Andrew Bayly 4 Hon David Bennett 5 Chris Bishop 6 Hon Simon Bridges 7 Hon Gerry Brownlee 8 Hon Dr David Clark 9 Hon Jacqui Dean 10 Matt Doocey 11 Hon Kris Faafoi 12 Hon Julie Ann Genter 13 Hon Paul Goldsmith 14 Hon Peeni Henare 15 Hon Chris Hipkins 25. Johnson & Johnson NZ Ltd 26. Kaipara Limited 27. Kiwi Property Group Ltd 28. KiwiRail 29. Lion New Zealand 30. Lotto New Zealand 31. Marsden Maritime Holdings Ltd 32. McDonald’s Restaurants NZ Ltd 33. Merck Healthcare Pty Ltd 34. Merck Sharp & Dohme (NZ) Ltd 35. Mercury NZ Ltd 36. Meridian Energy 37. Metro Performance Glass NZ 38. Microsoft Corporation 39. NZ Post Group 40. NZ Steel Ltd 41. OceanaGold Waihi 42. Pāmu Farms New Zealand 43. Pfizer New Zealand Ltd 44. Ports of Auckland Ltd 45. PowerNet Limited 46. Rio Tinto (NZ Aluminium Smelters Ltd) 47. Russell McVeagh 48. Saatchi & Saatchi 16 Barbara Kuriger 17 Melissa Lee 18 Hon Andrew Little 19 Jan Logie 20 Hon Nanaia Mahuta 21 Rt Hon Trevor Mallard 22 Hon Todd McClay 23 Ian McKelvie 24 Todd Muller 25 Hon Stuart Nash 26 Hon Damien O’Connor 27 Simon O’Connor 28 Hon Grant Robertson 29 Dr Deborah Russell 30 Hon Jenny Salesa 49. Sanofi New Zealand Ltd 50. SBS Bank Group 51. Sealord Group Ltd 52. SKYCITY Entertainment Group 53. Southern Cross Medical Care Society 54. Spark New Zealand 55. St John 56. Silvereye Communications 57. Subaru of New Zealand 58. Synlait Milk Limited 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 [to September] 66. Westpac 67. Willis Bond & Co Ltd 68. Woolworths New Zealand 69. WSP Limited 70. Z Energy 31 Hon Jenny Salesa 32 Hon Scott Simpson JP 33 Hon Aupito William Sio 34 Hon Louise Upston 35 Tim van de Molen 36 Louisa Wall 37 Angie Warren Clark 38 Dr Duncan Webb 39 Hon Meka Whaitiri 40 Hon Poto Williams 41 Nicola Willis 42 Hon Michael Woodhouse 43 Hon Dr Megan Woods
Tim
de Molen MP Vasoula Kappatos Tassie Wong Oliver Malthus (from May)
(Deputy Chair) Dr
NEW ZEALAND BUSINESS & PARLIAMENT TRUST DIRECTORY AND MEMBERSHIP
Peter Griffiths
Russell MP
WellingtonParliamentPrivateLibraryParliamentaryBuilding,Bag18041,Buildings,6160044725365044722016 office@nzbpt.nz www.nzbpt.nzWEFP
