New Zealand's Public Finance Act at 30: lessons, achievements and future directions - Conference
July 2019 will mark the 30th anniversary of New Zealand’s highly regarded Public Finance Act 1989. We look at lessons learnt, achievements and future directions
Friday, 26 July - Parliament Grand Hall
Saturday and Sunday, 27 and 28 July - Victoria Business School, Lecture Theatre 1, Rutherford House, 23 Lambton Quay, Wellington
About the conference
The Act represented a landmark in that it both established pioneering reforms of financial management at the whole of government level and redefined how individual government departments function and are held accountable. However, significant as that legislation was, it has not remained cast in stone; rather it has continued to evolve to meet the changing context of public financial management.
A range of international and New Zealand speakers, including leading academics, public servants and past Ministers of Finance, will be asked to reflect on:
- the initial objectives of the Act and the main features of the reformed system;
- the extent to which the objectives were achieved;
- the nature of subsequent changes to the Act and their impact;
- the implications of current proposals to make further amendments;
- what lessons New Zealand’s experience might provide for other countries; and
- what lessons other countries might provide for New Zealand.
PFA30 will be hosted by the School of Accounting and Commercial Law at Victoria University of Wellington and supported by the New Zealand Treasury, the Controller and Auditor-General and Chartered Accountants Australia and New Zealand and CPA Australia.
More information is available on the Public Finance Act Conference at 30 website.