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In 1986, The Residential Tenancies Act was passed and The Ministry of Housing was formed. This entity was responsible for government housing policy, managing the State Housing Appeals Authority, holding and managing Tenancy bond monies, providing tenancy advice (Tenancy Services), delivering mediations and administration of The Tenancy Tribunal.
The RTA was previously known as the Rental Bond Authority and was established in 1989. In 1994, the name was changed, and the role of the organisation was expanded. The core responsibility of the RTA is to administer the Residential Tenancies and Rooming Accommodation Act 2008 (the Act) legislation.
The Ministry of Housing was established in 1991 by the Fourth National Government as a policy advice agency alongside Housing New Zealand Corporation, which managed the state housing portfolio. [1] The Ministry of Social Policy, later the Ministry of Social Development (MSD), gained a housing policy role in the late 1990s. [1]
They are particularly common in relation to rented accommodation, where they may also be referred to as a tenancy deposit, bond deposit, [1] or bond. The owner of the item (the landlord in the case of accommodation) will take a sum of money from the person(s) renting the item (the tenant).
Municipal bonds agencies, also known as bond banks or local government funding agencies, exist in other countries, such as Sweden and Finland. [42] In New Zealand, the Local Government Funding Agency (LGFA), is the second-biggest issuer of New Zealand–dollar debt behind the government. [43]
The MBIE head office on Stout Street, Wellington (the former Defence House). The Ministry of Business, Innovation and Employment (abbr. MBIE; Māori: Hīkina Whakatutuki) is the public service department of New Zealand charged with "delivering policy, services, advice and regulation" which contribute to New Zealand's economic productivity and business growth.
Notable for being the first ever New Zealand government to have three parties in cabinet. A further five National MPs would sit outside of Cabinet, along with two ACT MPs and one NZ First MP. [282] [283] In a first for New Zealand, the Deputy Prime Minister role will be split for the term, with Winston Peters holding the office until 31 May 2025.
New Zealand Local Government Funding Agency New Zealand Lotteries Commission: New Zealand Venture Investment Limited Public Trust: Radio New Zealand: Research and Education Advanced Network New Zealand Limited Southern Response Earthquake Services Limited Tamaki Redevelopment Company Television New Zealand: The New Zealand Institute for Plant ...